Business for sale in USA – Chicago – Illinois – Fire restoration construction business

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Business for sale in USA - Fire restoration construction business

Asking Price: 700,000 $ US Real Estate: Lease
Sales Revenue: 1,650,000 $ US
Net Profit: 265,000 $ US
Year Established: 2011
Employees: 1FT
# of family members employed: Not Disclosed
Location criteria:
USA/Illinois
Relocatable

Business types:

Construction

Business categories:

General Contractors

Business description

Fair market business valuation valuation date: august 2014 sale price $700,000 fair market business valuation prepared for: (fire restoration construction company) prepared for wilhelm kunz business consultant (224-531-1228) 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 $20-40k a week. $1.6m in revenue 2013. Owner s salary - $120k. To date company has $600k 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.

Additional information

Additional information: Not Disclosed
Support & training: Seller will stay on for 90 days or more
Reasons for selling: Moving Out Of The Country
Financing available: 10% Owner Financing
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Month to Month Lease $1500
Location: Northwest Suburb of Cook County

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