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Specialty Service Provider For Sale - New Jersey, NJ |
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| PROFILE: Very Profitable Specialty Service Provider. |
| Status: |
Available |
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| State: |
New Jersey |
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| Location: |
New Jersey |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Service Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
130918 |
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| Seller Or Contact: |
Achim Neumann |
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| Primary Phone: |
732 872-6777 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/22/08 |
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| Date Ad Last Revised: |
10/22/08 |
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| Asking Price: |
$530,000 |
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| Down Payment: |
$150,000 |
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| Annual Revenue: |
$860,000 |
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| Annual Adjusted Net: |
$190,000 |
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| Franchise: |
No |
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| Relocatable: |
Yes |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: First Time Business Buyers: Here Is Truly The Perfect Business:
(A) It’s Stable And In Existence For More Than 10 Years;
(B) Has A Loyal Employee Basis That Likes To Work At The Business And Will Stay After A Transition; And
(C) There Is A Motivated Owner Who Truly Likes To Strike A Deal.
In Addition, (D) The Business Can Be Located Anywhere In Nj; (E) It Can Easily Be Run From A Home Office Or On An Absentee Basis; And (F) It Can Be Learnt Fast As Not Requiring A Sophisticated Skill Set; And (G) Finally, There Is Tremendous Upside Potential For An Individual Who Is Good In Organizing.
The Business Is A Well-Established Ceiling Tile Installer, Mostly For Commercial Buildings. With An Excellent Reputation Among Professionals And An Established Referral System For New Jobs, The Company Has Weathered Several Cycles In The Construction Industry As The Business Has A Distinct Competitive Advantage In Terms Of Cost And Time Line Versus Traditional Contractors. Better Yet, It’s An “Indoor” Profession, Allowing You To Take Your Pick Of Employees - Who Like The A/C In The Summer, And Warmth In The Winter – Versus Other Construction Related Jobs.
The Company Had Consistent Growth During The Past Four Years With A Little Bit Of A Drop Off Last Year (2007) Due To The Overall Economic Activity, However, The Company Continues To Have Full Order Books, And Expects To Conclude 2008 Where It Was In 2007, In Profitability And Sales.
The Business Is Attractively Priced, And A Buyer Can Recoup His Initial Cash Outlay Of Only $150,000 In Less Than A Year. Free Cash Flow (After Debt Service/ Acquisition) Is Approximately $140,000, With Significant Upside Potential. The Business Is Pre-Qualified On An SBA Lending Basis, There Is No Bank Debt To Be Assumed; And The Assumption Of $65,000 A/P Is Partially Offset By A/R Of $40,000 (All Current) Or, Both Items Can Be Removed From The Business Transfer Altogether.
The Owner, Who Already Relocated To The Mid-West For Family Reasons 18 Months Ago And Who Has Started The Same Business At That Location, Is Motivated To Make This An Easy Transfer And Will Assist A Buyer In All Aspects Of The Transfer. The Long-Term, Loyal Employee Base Will Stay With The Business And Will Ensure The Continued Growth. *** All Data Is Based On Signed Tax Returns |
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