Asking Price: $700,000 Gross Revenue: $1,529,895Cash Flow: $471,787EBITDA: $357,693Inventory: Not Disclosed FF&E: $200,000 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.
Waterproofing Contractor in business for over two decades with strong reputation. Primary customers are Commercial clients, Government and Condo Associations. Seller works only 30 hours per week and is ready to retire but will train a new owner. Willing to remain for up to one year. No contractor license needed. Business is on the upswing and on track for further growth. 2018 financials are full year from Federal Tax Return.
About the Business
Number of Employees:
Business is in process of being relocated due to owner selling the property. Rent for new location is estimated at $1500 per month and is already factored in.
This business has stood the test of time weathering the recession when many others failed.
Growth & Expansion:
Seller currently does little or no marketing and does not even have a website. A new owner with more energy could benefit from its current growth and also add to it with an effective marketing strategy.
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.