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The trailing 12 month earnings through April 30, 2018 were 289K on revenues of 2.51M. The earnings are up over 50% from 2017. The owners had some work pushed into 2018 which made the 1st quarter of 2018 look better than it should have and calendar 2017 look worse than it should have. The trailing 12 months allows for both and more accurately reflects their proper earnings. The Sales Price is currently $525K which is ONLY 1.82 times the trailing 12 months of earnings. This will qualify for an SBA loan with a 10% down payment to the bank and the Seller will carry up to 15% for a qualified buyer. This means that a buyer can buy this with More infoColorado Springs, Colorado General Building Contractors Businesses for Sale
13 Year Old Medium/Heavy Equipment Sales and Rental BusinessThe business is down in overall revenues and earnings through October of 2017 because the owner is semi-retired, spends over 4 months a year in Alaska, and the oil and gas industry has not recovered yet in Western Colorado. The owner has agreed to adjust the price of this Company to the current value of Equipment and other assets. The owner is retirement age and wants out. Considering the current earnings, we have lowered the sales price to 2.65M which is made up of 2.21MM in Heavy Equipment and Rental inventory and approximately 200K in smaller equipment plus other assets totaling almost 2.65M. The normally adjusted EBITDA More info