Asking Price: $275,000 Gross Revenue: $1,270,000Cash Flow: $106,400 (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.
A successful and profitable building demolition and remodeling contractor in the Tampa Bay area that has an outstanding reputation for quality and timely work. The Company has a team of reliable sub contractors in place; has efficient and effective processes in place; and has training materials in place in order to streamline Company practices; all that contribute to an outstanding safety record and Company reputation. The owners would be willing to stay on for an extended transition period, and one of them, who is the qualifying license holder, would be willing to qualify the business for a period of time. 2019 figures are annualized through May 2019. Great potential for growth.
Owner will consider Seller Financing for well-qualified Buyers up to these approximate terms - $137,500 down / $137,500 Seller Note / 7.5% / 5-year term. Annual debt service will be = +/- $33,067. Seller note will include a balloon payment for the remainder of the note balance at the end of the third year. Balloon payment will be approximately $64,000.
Don’t miss out on this outstanding opportunity. Interested in learning more? For a complete presentation please contact Tim Bellon at 813-260-3127.
Important Notice: This is an operating business being offered for sale confidentially. Interested parties must complete and return a Non-Disclosure Agreement, and a Buyer’s Profile. Once pre-screened with those documents, prospective buyers will be provided more detailed information pertaining to the business.
About the Business
Number of Employees:
Business is based out of a small executive office that could easily be done without as this business could be operated as a home based business.
There are a number of competitors in the area.
Growth & Expansion:
Partners will discuss in person and a number of opportunities are addressed in the confidential business review.
Profitable Tampa Bay Building Demolition and Remodeling Company
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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