Asking Price: $540,000 Gross Revenue: $359,000Cash Flow: $172,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $25,000 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 very successful and profitable plumbing business. They install and repair plumbing fixtures of commercial and residential properties. Their customers trust them because they are honest, punctual, and their mission is to do the job right the first time.
About the Business
Number of Employees:
This business opened in 2003 with their commercial division which grew rapidly throughout the valley. In 2015, the residential plumbing division was opened. The majority of their customers have been with them for many years and some from the start of the business.
There are other plumbing companies in the valley, however this business has been very successful over the years by mainly receiving work through word of mouth. They are highly trusted in the valley.
Growth & Expansion:
This company has been doing very well, and there is still great potential for growth. They have many commercial locations that they have not approached yet. This business is primarily run through referrals. It will be able to grow even more with adding advertising.
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.