Asking Price: $249,000 Gross Revenue: $394,672Cash Flow: $110,068EBITDA: $110,068Inventory: $200 not included in asking priceFF&E: $2,500 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.
Owner typically works less that 15 hours a week normally. Company has an admin person who could be replaced by an active owner-manager. Founder seeks to retire from this business and will gladly provide buyer a non-compete as well as two weeks of training.
This fully operational cleaning company runs smoothly and has a rock solid, upwardly growing revenue stream. They have between 11 and 12 employees and could grow easily. They have been growing since their start in 2008. This company has wonderful books and records. They rent a storage center for keeping cleaning products and supplies. They rent office space for their administrator but used to run from a home office for many years.
About the Business
Number of Employees:
Building Sq. Ft.:
Two units are used. One is for supplies and equipment. They also lease a small office for their admin person. For many years, they ran the business from a home office since customers typically have no need to come to the office. This is an option but not required.
This may be the largest in the area. They are growing. They have great systems in place and an excellent reputation. All the benefits of a franchise with none of the franchise fees.
Growth & Expansion:
They are on track for gross revenues of $394,672 this year due to the new accounts that they have been serving. They feel this is conservative. They sometimes have to put new clients on waiting list. They do not advertise except a little on Facebook. Growth opportunity seems wide open.
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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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