Asking Price: $447,000 Gross Revenue: $1,268,965Cash Flow: $273,270 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $78,000 included in asking priceFF&E: $255,500 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.
Southeast MN mechanical contracting business specializing in commercial and residential HVAC services. Started over 30 years ago, this business’s outstanding reputation and customer service result in an abundance of repeat and referral customers. The workforce consists of well-trained, experienced professionals that have years of experience and can work independently on separate jobs, or in teams. All full time employees are qualified to act as supervisors on larger projects where bringing in additional, temporary labor is required. This business provides new installations, maintenance and repair to commercial and residential HVAC customers. This business also provides commercial roofing installation. Although there are some marketing strategies in place, significant growth opportunities are available. Real Estate is available for lease. This well-run business is an excellent opportunity for a qualified purchaser who is looking for an opportunity in this industry, or an existing HVAC company seeking to expand market share.
About the Business
Number of Employees:
Real Estate is currently on a month to month lease. The lease is transferable and new terms can be negotiated.
The HVAC industry is competitive, but this company has a competitive advantage due to its outstanding workforce that will allow a new buyer to expand in an industry where well-trained employees are hard to find. A long-standing reputation for quality work and great customer service will keep new customers, as well as existing customers, coming in for years to come.
Growth & Expansion:
This business is located in one of the Midwest's fastest growing regions. There is excellent potential for growth. This company has a competitive advantage due to its outstanding workforce that will allow a new buyer to expand in an industry where well-trained employees are hard to find. The new owner could quickly grow this business by adding sales personal to expand the operation.
Will train for 2 weeks @ $0 cost. The qualified buyer of this business will need to have a working knowledge of the HVAC industry. Several licenses and certificates are required to operate this business.
$70k down/$89,400 for 60 mos. @ 6%/Other Financing.
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