Business Overview

This business is now doing more than $2.5 million. With a Net of over $350,000. The asking Price is $2.9 million.

There is $1.5 Million in capital equipment that is in excellent condition. Included is 5 Dump Trucks, 4 are insulated. There are 3 Rollers and 2 paving machines, there are 4 Trailers and 2 tractors to get Equipment to Job Sites.

Their Installation & Service team of 10 People is well experienced and is expected to stay with a new Owner.

Northern Virginia is 25 minutes away and the new owner will want to discuss how to expand this growing business.

Financial

  • Asking Price: $2,900,000
  • Cash Flow: N/A
  • Gross Revenue: $2,500,000
  • EBITDA: $350,000
  • FF&E: $1,500,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A

Additional Info

The company has 10 employees and is located in a building with approx. square footage of N/A sq ft.
The building is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell operating businesses. Nonetheless, the true factor vs the one they say to you may be 2 totally different things. For instance, they might say "I have way too many other commitments" or "I am retiring". For many sellers, these reasons stand. But also, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in revenues, or a range of various other factors. This is why it is extremely important that you not count entirely on a seller's word, however rather, use the seller's response together with your general due diligence. This will repaint an extra reasonable image of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Numerous companies take out loans in order to cover points like inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that revenue margins are too small. Many businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that have to be fulfilled or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in brand-new consumers? Many times, companies have repeat consumers, which develop the core of their day-to-day profits. Certain aspects such as new competitors growing up around the location, road building, and staff turn over can affect repeat consumers as well as negatively influence future revenues. One crucial point to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business regularly, the greater the possibility to develop a returning customer base. A last idea is the basic area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Exactly how might the local average house earnings impact future earnings potential?