Asking Price: $1,250,000 Gross Revenue: $1,055,786Cash Flow: $370,628 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The Company is a premier provider of electrical engineering, automation solutions, PLC programming / troubleshooting, SCADA systems and control system retrofits. The company also provides air recycling systems, hot fill bottle fillers and hot fill spray tank systems.
The Company was founded in 1996 by its chief engineer who is also its sole owner and is based in North Jersey. The owner of the company also serves as the director of Sales Development, Engineering Support, Overall management of Operations and Finances. The workforce is stable and the company currently employs 6 full-time employees and 2 part-time employees. The business has not experienced a significant amount of turnover and its engineers are all degreed (one has masters). All have significant experience.
About the Business
Essex County, New Jersey
Number of Employees:
6 FT/2 PT
The company operates out of a private home near the business district.
There are several competing engineering firms but few that have their expertise. Well established client base.
Growth & Expansion:
The company provides remote operations for it's customers under contract. This is a huge cost advantage which has much potential for current and future projects.
Will train for 4 weeks @ $0 cost. All of its engineers have the hands-on knowledge and expertise that can only be gained by working with a wide array of control and automation systems that span multiple industries.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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