Asking Price: $550,000 Gross Revenue: $1,131,794Cash Flow: $240,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $10,000 included in asking priceReal Estate: $875,000 not 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.
Under Contract: Check with Jim Peddle, Business Broker for current status.
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Incredible 20 Year + Old Company servicing Higher End Repeat Customers from Single Location in Chicago. A buyer of this business will receive direct hands on training from successful owner with a long track record of success. Hard to find a business that has repeat customers year after year and can turn away business while concentrating on the highest margin jobs available. Year to date 2018 sales are up over $100,000 and the business is poised for further growth should a buyer choose to pursue a growth strategy.
Contact the broker for an NDA or call Jim Peddle directly at 312-525-9622.
About the Business
Number of Employees:
Building Sq. Ft.:
The Company operates out of a single leased facility that the Seller owns and is willing to sell to the new owner.
The Company has several competitors in the form of other similar businesses in the industry, however, they do not have the high employee and customer retention rate that the Company boasts.
Growth & Expansion:
A new owner has an excellent opportunity to build a marketing plan for the Company almost from scratch. But the biggest thing a new owner could do is expand the Company's job referral network to cover other services and possibly collect a fee for work requests that do no fall within the Company’s areas of expertise or cannot spare the manpower to take. A new owner could also expand into services for high rise buildings.
Under Contract: Handyman Company Northern Chicago Area
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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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