Asking Price: $1,900,000 Gross Revenue: $2,365,000Cash Flow: $429,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 included in asking priceFF&E: $100,000 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.
Well established and VERY profitable athletic courts construction company in the Houston area. This family owned business has been in operation for over 10 years and their niche is athletic courts such as tennis, basketball, bocce, volleyball, batting cages and more. They can also customize and build multi-purpose courts. The company operates very efficiently with independent contractors and enjoys a 30% markup.
The company’s clientele consists mainly of schools, HOA's and some residential. The majority of their business is generated through repeat customers from previous jobs and referrals from their extensive data base of satisfied customers. They service primarily north and south Texas. However, they have taken on projects in other states and even foreign countries.
Please complete my NDA on my website for more information. http://houstonba.com/nda
Real estate license is held under brokerage Realty Associates
About the Business
Number of Employees:
Building Sq. Ft.:
The real estate is owned by the owners and there are several warehouse buildings that house inventory, equipment, trucks and trailers. Depending on offer, the owners may be open to selling the real estate.
There are few competitors in this space.
Growth & Expansion:
Expand to more types of sports facilities like track, football fields, to name a few. Add marketing as well.
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
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