Asking Price: Not Disclosed Gross Revenue: $2,236,000Cash Flow: $430,000EBITDA: $389,000Inventory: $35,000 not included in asking priceFF&E: $423,000 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 well-run and reputable garage door and opener business is a distributorship that has been generating healthy profits for several decades. It serves many of the same commercial customers year after year. The Company has well-trained personnel who already execute on existing work without much supervision. Potential for future growth is significant including annual service contracts, security grille salesl and loading dock equipment installations as the economy swings into full gear. This business runs very smoothly and offers great cash flow and continued upside potential for a new owner. Current owner is retiring and can stay on to manage teams and/or train.
About the Business
Number of Employees:
Building Sq. Ft.:
Beautiful main showroom with air conditioned/heated offices, separate structure with office and heated truck bays and storage, third structure with storage/workshop and truck bays.
Exclusive rights to this territory in exclusive Litchfield county. This supports nice real estate values with attractive price points for garage doors, openers, accessories as well as solid commercial accounts (including Fortune 500 companies). Repeat business is a testament to he quality of product and service.
Growth & Expansion:
Many, many opportunities to fuel additional future growth; these include multi-year service contracts, additional commercial account
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
full Terms & Conditions.