Asking Price: $299,000 Gross Revenue: $825,000Cash Flow: $80,000EBITDA: $30,000Inventory: $1,000,000 not included in asking priceFF&E: $5,000 included in asking priceShare 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 business for someone looking for low entry level training but wants to make a good living. It has consistently produced "take home" for the owner of close to $100K. There is a Huge upside for someone that can establish internet sales, get an in-house plumber for the installs, and work more closely with general contractors in the area. The inventory that will generate money for the business is excellent and is beyond what is needed to maintain sales. It is often bought at very low pricing and later sold for large profit. This is a side deal to the business sale. Motivated seller will consider all reasonable offers for a win win deal. Here is an entrepreneur's dream!!! Don't wait!
About the Business
Cook County, Illinois
Number of Employees:
Building Sq. Ft.:
$5,250.00 Per Month
This is an inventory business. And as such there are tremendous amounts of materials that are in the back of the store. Everything has a value and will sell over time. It is difficult to place an exact value on this inventory but were are flexible. There is significant excess inventory that is an added benefit to the buyer!!!
This is the only plumbing suppy, outside of the large national chains, in this area of the Chicago Suburbs. They have excellent customer service and a great inventory for the hard to get parts. They have an excellent name and have been in this area for 30+ years. Once internet sales are added there is a huge upside. Also available is the use of an in-house plumber for the installs for customers that request this. This can easily unlock several hundred thousands each year.
Growth & Expansion:
The internet sales for plumbing supply is just starting to be a major factor. This business has never started this so there is actually a very large upside to the future.
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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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