Asking Price: $675,000 Gross Revenue: $1,300,000Cash Flow: $160,000 (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.
This is a great opportunity! If you are wanting to get into the Home Health Care then look no further. This is a well established business with great employees and an impeccable reputation within the community.
It also has immediate growth potential, as the prices are long overdue an increase. The business currently charges $13.87 per hour and pays its 1099 employees $11.37 a hour, profiting $2.50 per hour. The average price that the competition charges is $18-$21 per hour. If the prices were to increase just 3 dollars an hour times the 8000 hours per month that they are currently contracting, that would increase profits $24,000 per month or $288K per year and still be charging significantly less than the competition.
Don't miss this opportunity!
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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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