Asking Price: $199,000 Gross Revenue: $525,000Cash Flow: $125,686 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $5,000 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.
The business is a full-service interior/exterior painting, restoration, and maintenance business located in the East Bay. The company specializes in vintage residential restorations, brushing enamel projects, and epoxy wood restorations as well as concrete paint and restoration services. Managed out of a home office, the seller has preferred to keep the business on the smaller side and focus strictly on residential customers. Most of the company's clients reside in the Tri-Valley area and as far north as the Berkeley Hills area of the East Bay.
About the Business
Contra Costa County, California
Number of Employees:
This is a home-based business, the seller manages the operations via a home office located in Orinda, CA.
Local competitors do not provide the same level of expertise nor quality of materials and products as this company does. Most competitors (business owners) do not personally perform final inspections on all of their team’s projects. The seller of this company makes sure to personally meet with the his client's and inspects every job upon completion to ensure nothing has been missed. As a result he enjoys a long list of repeat customers and referrals.
Growth & Expansion:
The owner has not been doing any direct or online marketing, other than maintaining a website. In his desire to keep the business at a manageable size, he has found his long-term clients (some over 20+ years) along with referrals have kept them steadily busy. A new owner could expand the territory by way of 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.