Last Revised: 9/16/19. Posting #: 10248977
Key Words: contractor, construction, trades, specialty trades, alabama, baldwin
Financial Info: Asking Price: $1,500,000, Discretionary Earnings: $420,544, Gross Revenue: $2,335,562, Pre-approved by two different banks for SBA 7(a) business acquisition loan.
Profile: This successful speciality service business has been the dominant company in its niche in the Gulf Shores and Orange Beach market for over 30 years. It is available now only because of the retirement of the owners.
Based on 2018 year-end numbers, the firm had a record year with $2,335,562 in revenue and $420,544 in bottom line discretionary earnings. Full books and records, including tax returns, are available to document this company's success.
The numbers which this company has been generating for years are so impressive that a local bank has pre-approved an SBA-guaranteed business acquisition loan, contingent upon the buyer's experience and financial condition.
Based on documented numbers, you could make a reasonable down payment, pay yourself a six-figure salary, make payments on the SBA acquisition loan and still have money left over in cash flow after all expenses, while building equity in the business.
The advantages in acquiring this company are many, including (1) trained employees are already in place, (2) a large and loyal customer base is already developed, (3) valuable vendor relationship are established, (4) the products and services have been proven and have earned a sterling reputation, (5) the seller is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business, (6) the business is in an industry that will always be in demand regardless of the economic cycle, (7) the proven business model could be duplicated in nearby markets of Foley, Pensacola, Mobile, etc. and (8) the business will be producing a strong cash flow to the new owner from the first day of ownership.
For additional details on this rare offering, please contact William Bruce by email from this website. A confidentiality agreement and qualifying financial information are required to receive further information. We look forward to showing you this excellent opportunity.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: William Bruce Business Sales & Acquisitions, LLC is a full service, national business brokerage and valuation firm for privately held businesses with special attention given to pricing, strategic marketing, successful negotiation and prompt closings, all while maintaining strict confidentiality.
Key Words: william bruce, american business brokers association, william bruce business sales & acquisitions, business broker, valuation, business valuation, medical, medical equipment, dealership, specialty trades, florence, lauderdale, gulf shores
Profile: My mission is to conduct a thorough, well-planned, and well-executed transaction for both the seller and buyer, offering a confidential, professional approach to my clients and taking an M&A approach to main street transactions to ensure the optimal selling price and shortest time on the market.
Key Words: daniel herring, emerald coast business intermediaries, business broker, business valuation, valuation, consultant, due diligence, due diligence services, auto repair, construction, restaurant, airport shuttle, shuttle, okaloosa
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Profile: To prepare your business for sale, business owner sellers need to think like a buyer to reduce risks. John Byrne, CPA, Valuation Expert, and Due Diligence Advisor, shares three factors business owners need to address in order to maximize their business’s value at exit.
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