I have a excavation company that I am taking to the competitive market to market. This is a developed company that has actually been around for longer then five years and are planning to sell this facet of their home based business to obtain in to an additional.
The fast and unclean of the company is as complies with:
Sales for 2013 are merely under $2,000,000, 2012 was $1.54 M and 2011 was $1.07 M. Net income was $640K for 2013, $430K for 2012 and $204K for 2011.
Right now their books reveal $1.16 M in devices (netting over 400k currently after depreciation). Tools features regarding 7 excavators, skid steers, loaders and a couple of bigger trucks.
They are asking $1,200,000.00 for the company which seems a very good cost based on this initial info I have actually compiled. Should you be intrigued in getting more details, (full devices listing, monetary statements and additional info) I could provide this to you after authorizing a non disclosure arrangement.
Asking Cost Range: $1.0 M – $2.5 M
Gross Profits: $1,800,000
Cash Flow: $640,000
Cash Flow Kind: EBITDA
Vendor Financing: No
Year Established: 2009
Variety of Workers: 6 – 9
Franchise business: No
Present Property: Leased
Administration Training and Assistance: Possibly
Reason For Selling: Relocating big company in one more direction