Mechanical Insulation Contractor - UPDATED
Location: Central Iowa
Type:
Financial Information: General Information:
Purchase Price: $145,000
Years Established: 6 year(s)
Annual Sales: $670,531 (2017) $468,089 (2016), $269,407(2015) Required License(s) Contractors Registration
Annual Net Profit: ($7,440) 2017, $27,863 (2016), $23,792 (2015) Employees: 7 + owner
Recasted Cashflow: $93,082 (2017) $117,400 (2016), $72,797 (2015) Business Hours: 7a-3:30p (field), 8a-5p (office)
Equipment Value: $10,000 Reason for Sale: Other business interest
Inventory Value: $6,000
Terms: Cash
Building and Property: Additional Comments:
Monthly Rental: $2,000
2017 the business had 25% growth, but due to timing of payments, 2017 showed a minor loss
Lease Information: Expires 2019
Square Footage: 2,200