Asking Price: $176,000 Gross Revenue: $277,384Cash Flow: $139,826 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,400 included in asking priceFF&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.
Residential, Commercial and Industrial Painting Company. They have existed since 1988 providing professional painting services to cities and towns in northern New Jersey. They have been on top list of Sotheby Realty and Keller Williams. 30% of their business comes from referrals from their satisfied customers for the last 30 years. They provide interior & exterior services.
About the Business
Number of Employees:
Owner retired, manages the business. He has down sized and has been rejecting new business.
Growth & Expansion:
New owner could hire more employees and develop more customers.
Residential, Commercial and Industrial Painting Co in Essex County, NJ
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or stake in the sale of this business and has not verified any of the information
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