Asking Price: $359,000 Gross Revenue: $1,837,000Cash Flow: $390,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $76,000 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.
Now is your chance to get into a turnkey home improvement company. This is a specialty company, specializing in siding, roofing windows, and doors.The company has a very strong customer base which generates substantial consistent annual revenue. The business has grown steadily over the years and has maintained an excellent reputation with all our clients, THIRTY-FIVE PERCENT of current business is generated from referrals. The company has a full time salesman and a part time bookkeeper.
About the Business
Number of Employees:
The company rents two storage facilities to store and house our products and equipment.
The company services Dutches Orange, Ulster, Putnam, Rockland and Westchester counties as well as surrounding areas. From its inception, the company has grown to be the leading exteriors remolding company in the Hudson Valley. Over the years there has been significant advertising in the form of home shows, SEO, Angie's lists and other forms. Companies such as Yelp, Angie's List are constantly calling and stating that we have an excellent reputation.
Growth & Expansion:
The potential for expansion is very good based on the reputation the company has earned and maintained for over 40 years. Our sales are strong, closing more than 40% of the deals, mostly due to Their reputation and no pressure, high educational sales approach.
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.