Price: $350,000
Annual Revenue: $1,200,000
Minimum Equity Required: $180,000
SDE: $180,000
Location: Nova Scotia
Industry: Retail
ID: 1241
Build on the successes of this business, and create the lifestyle you want for yourself in northern Nova Scotia.
- Tremendous growth
- Low overhead business model
- Branded Distributor status for a leading solution for the residential market in the region
- 20+ year track record and client list
Word of mouth based on 20+ years of successful projects and a few strategic marketing installations generates a steady flow of clients. Close rate for prospects who book an appointment at your show room is estimated at 80%+. Spend your sales time talking to serious buyers who want what you can deliver, or bring in a sales manager and focus your energy on business growth. Low hanging fruit abounds with a few simple marketing campaigns.
Design your new showroom and workshop for the territory of northern Nova Scotia. Manage an installation crew of 3 long-time and experienced employees, and build the team to meet demand.
The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.
By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.
Revenue
2021: $1.1 million
2020: $700k
2019: $535k
Seller's Discretionary Earnings
2021 (projected): $215k
2020: $108k
2019: $66k
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. It 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 35% down payment on the final negotiated purchase price, with the balance being financed over 6 - 7 years. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
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 all of your questions.
Business is run out of owner's home, and a new location will be needed. Due to the nature of the operation, a move is not projected to have an impact on sales. SDE calculation includes a projected $20k annually for rent.
*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.
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