Asking Price: $215,000 Gross Revenue: $140,269Cash Flow: $87,659 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $69,664 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.
This very profitable business was established with a desire to change the way the towing industry is perceived. Through a creative service approach and results above expectations the owner has grown his business every year. As a member of the AASC, the owner has been able to reach a large client base often overlooked in the industry and those connections have continued to allow the company to grow. The company's commitment to strong customer service has proved invaluable with a 5 star rating on yelp and continued referrals. The future owner can expect growth through additional trucks and expansion to other areas of the state. The owner is selling because of personal reasons affecting his family but is very interested in assisting a new owner in making a smooth transition.
Well Established and Profitable Towing Company for Sale
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.