Price: $950,000
Annual Revenue: $2,600,000
Minimum Equity Required: $440,000
SDE: $370,000
Location: New Brunswick
Industry: Services
ID: 1299
Status: Off Market
This business provides interior finishing in commercial and residential projects. Whether it's new builds or renovations, this business will supply drywall, steel studs, taping, t-bar and exterior stucco. They have years of experience providing drywall services for residential and commercial projects, serving customers throughout New Brunswick and beyond.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
2021
Revenue: $2,670,000
SDE: $370,000
2020
Revenue: $2,650,000
SDE: $385,000
2019
Revenue: $2,300,000
SDE: $130,000
** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
For more information on this listing, please complete our Non-Disclosure Agreement
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview