The business has developed and refined its operations and services over a forty plus year span and 20 plus years under the current owner and now dominates the regional market for the services that it provides. Revenues are generated through a very high repeat customer base as well as new customers being added on a year-round basis. Annual service revenues of over $3 plus over $2 Million in Commission type sales that will provide a new owner with a great platform upon which to build. With the owners considering retirement, this highly reputable company is available for immediate acquisition to the new owner.
About the Business
Number of Employees:
Prime real estate location on well traveled US route in Vermont. 6+ acres of land,600 feet of road frontage, 2 building with 19,000 square feet and has in ground tanks, a canopy, c-store equipment and key leases for half the rentable space. One tenant brings considerable traffic to the location. The seller owns 4 entities that are part of the sale.
There are various competitors for each segment of the business but this is the dominant business in the area with highest visibility.
Growth & Expansion:
• Energize Referral Relationships; Most new business emanates from A GREAT REPUTATION FOR SERVICE. A formal CUSTOMER LOYALTY program would energize new business. • Design and Develop A Sales Oriented Web Site; The current SOCIAL MEDIA platform could be re-designed to encourage new sales. • Develop a direct mail targeted campaign. • Add new gas pumps including diesel • Expand pick –up service for the market and deli. • Rent empty office/retail. • Add another building.
Seller will provide reasonable support in transition. The business is easily ;learned and has managers in place.
Cash Sale Preferred. Will consider up 7% for qualified buyer.
Ad Detail Views:
Asking Price: $4,981,000 Gross Revenue: $4,600,000Cash Flow: $471,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $140,000 not included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $2,600,000 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.
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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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