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Businesses For Sale   >>   Illinois Businesses For Sale

Fire Restoration Construction Business For Sale

Location  Illinois,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1650000
Net Profit / Cash Flow  $265000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2011
Number of Employees  1 - 3
Inventory  700000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will stay on for 90 days or more.
Reason for Sale  Moving out of the country.

Description  
Fair Market Business Valuation Prepared For: Fire Restoration Construction Company 1-Year Weighted Average Cash Flow: $265,000.00 Capitalization Multiplier: 3.74 Capitalization Rate: 26.74% Preliminary Business Value $991,100 Liquidation Value of F/F/E (all tangible assets integral to The operation of the business) $63,000 Goodwill Value: (Customer List- Employees Skills Set) $928,100 Current Assets to be conveyed In the Sale: Cash and Equivalents $ 0 Accounts Receivable $ 80,000 Pre-Paid Expenses $ 0 Inventory $ 5,000 Real Estate Value $ 0 LIABILITIES TO BE ASSUMED $12,000 (1 Vehicle) BUSINESS VALUATION $996,100 Summary: Business comes with General Contractor's License & Insurance with Corporate Books. Owner is transferring weekly income volume of $20,000-40,000 a week. $1.6M in Revenue 2013. Owner's Salary - $120K. To date company has $600,000 in construction projects in process. (Transfer to new owner) 15 Licensed Sub-Contractors. Four Insurance Adjustors bring continuous business on a weekly basis. Business Credit Cards- American Express, Home Depot, Menards & Gas Cards totaling $40K. Owner has 2012, 2013 vehicles & trailers that are free & clear. Owner will give all the construction equipment. Company Growth Potential: Company turns down business, because of certain areas. Company could expand with the board up of fire damage properties. Company could provide housing for clients waiting for the construction to be completed. ($4500 a month) Company could expand into preservation and construction work for Banks & Asset management companies. Full disclosure of the business financials will be given upon proof of funds and LOI from a serious Buyer. Contact Wilhelm Kunz, Business Consultant, at 224-531-1228 or fax number at 888-596-6099.


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