Leading LA Solar Design/Installation Company

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This listing is: Off Market

Background

BizEx ID:BizEx768-CK
General Location:Glendale, CA
Category: Engineering
Special Trades
Years in Business:6
Under Present Owner:6
Hours of Operation:8-5 M-F
Owner Hours:8-5 M-F
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:5/30/2015
Lease Options:
Building Size:$4,360
Employees:21
Reason for Sale:Pursuing patent development

Financials

Asking Price:$12,500,000
Down Payment:Negotiable
Gross Sales:$11,062,159
Discretionary Cash Flow:$2,250,000
FF&E:$148,766
Inventory Included?
Inventory:$37,333
Min. Operating Capital:$500,000
Real Estate Available?No
Rent:$1,500
Payroll:$53
Financing:Call

2013 2014 2015*
Gross Sales $ 2,607,271 $ 11,062,159 $ 4,722,959
Gross Profit $ 1,228,345 $ 3,444,358 $ 1,713,072
Disc. Earnings $ 182,824 $ 2,250,000 $ 929,933

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations