Asking Price: $500,000 Gross Revenue: $947,846Cash Flow: $124,375 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $224 included in asking priceFF&E: $285,250 included in asking priceShare 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.
This second generation family electrical business is perfect for an experienced Electrician to move to a first class resort area. The Coachella Valley is a paradise for a leisure lifestyle with year round sunny skies and delightful 3 season weather.
Founded in 1958 by the father of the current owner, who has operated it for 44 years, this company enjoys an almost legendary reputation and is know for quality and integrity throughout the Coachella Valley and beyond.
Excellent training and environment has resulted in the top 5 key employees averaging 24 years with the company. Over the years, a solid tax strategy of investing in specialized equipment that allows access to jobs other companies cannot accomplish.
Owner has been stepping back for the last few years avoiding larger projects, but this business is ready and able to grow with new management.
Bonus for the right person: in 2000 the owner built a 4200 sq.ft. custom luxury home on an oversized lot with a custom building to house the business. This home / business building is also listed for sale and provides a perfect lifestyle upgrade for an existing electrician to escape from the ice and snow of Northern winters. Imaging leaving the house and walking a handful of paces past your pool to your office!
About the Business
Riverside County, California
Number of Employees:
Building Sq. Ft.:
$1,375.00 Per Month
Custom 4,000 Sq. Ft. building with 4 bays plus office. All is on grounds of luxury Home.
102 Competitor operations. Gross Industry Market Sales of $158,630,426. Small business % of total market 55.44% Average Industry Market Sales $1,555,200
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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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