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BUSINESS FOR SALE - PROFILE #  42500006

Very Profitable Specialty Trades Contractor
Springfield, MO

Asking Price: $799,000   Down Payment: $79,900  
Gross Revenue: $1,329,532   Adj. Cash Flow*: $334,505  
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Executive Summary
Highlights of Business

  • Business is well established and nicely profitable

  • General manager in place and willing to stay on

  • Usually Monday through Friday work week only

  • Business selling for less than its valuation of $861,000

  • Clean books and records

  • Very minimal inventory required

  • Seller will train

  • Business qualifies for SBA financing, which means lower down payment and longer terms

  • Seller will sign a non-compete agreement


History/Operations
The owner started the business in 2009.  Most of the company's business is done within Springfield and the surrounding 50 miles.  

Facilities
The business operates from an office and shop that is centrally located to its customers and which is owned by the business.  The real estate is available through VR's sister company Professional Real Estate, LLC.  

Discretionary Earnings
The estimated yearly debt service on the purchase of the real estate has already been deducted from Discretionary Earnings.   Financing This business qualifies for SBA financing, since it has good books and records, and is priced appropriately for its Discretionary Earnings.    

SPECIAL SBA FINANCING TERMS THROUGH SEPTEMBER 30, 2021 The Covid Relief Act signed by the president in December of 2020 provides for the first three months of payments on new SBA loans to be made by the federal government (up to $9,000 per month) for loans approved prior to September 30 of 2021.  In addition, the SBA borrower fees are eliminated.  On this business, the borrower fees that would have been added to the loan would have been over $36,000.

Reason for Selling
The owner is moving out of state.  

Employees
One full time employee serves as general manager.  There are 9 other full time employees.  

This is a well-run business with good profitability, and which is priced very attractively, so it will sell quickly.  Buyers who believe it might be a possible fit for them should not delay in taking the next step, which is to meet with the owner and see the facility and equipment.

Acquisition Highlights

  • Financing Information:  Typical SBA terms are 10% down, 10 years, 5.75%
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2009 Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Jerry Myers
Phone:  (417) 581-8887
Fax:  (888) 765-8633
E-mail:  jmyers@vrspringfield-branson.com
VR Business Brokers - Springfield, MO
4121 S. Fremont Avenue, Suite 112
Springfield, MO 65804
www.vrspringfield-branson.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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