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Broker Contact Information |
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Backflow-Florida | Listing ID: 20385 |
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| Asking Price: |
$820,000 |
Status: |
Active |
| Business Type: |
Service - Plumbing Service | Construction - Others |
Reference #: |
70590002 |
| Business Location: |
Backflow PreventionFlorida |
Broker Coop: |
Yes |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$876,550 |
Full-Time Employee: |
8 |
| Cash Flow: |
$245,434 |
Part-Time Employee: |
1 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
3,014 SF |
| Year Established: |
1978 |
Rent /Month (Include NNN): |
$2,542 |
| Accounting Info(years): |
3 |
Lease Exp.Date: |
6/30/2010 |
| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
15 |
| Seating Available(#): |
0 |
Lease Option (# of yrs): |
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| Parking Space(#): |
0 |
Lease Renewable: |
Yes |
| Hours of Operation: |
M-F 7:30-5 pm on call emergency 24/7 |
Lease Transferable: |
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| Reason For Sale: |
Retirement |
Rent Increase: |
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| Seller Training Available: |
(60 days) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
No |
| Real Estate Value: |
$270,000 |
Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$82,000 |
| Fixture & Equipment Value: |
$20,000 |
Seller Financing Term(years): |
120yrs |
| Inventory Included: |
Yes |
Annual Interest Rate: |
8% |
| Inventory Value: |
$27,000 |
Min. Down Requested: |
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Business Description |
Lender Pre-Qualified. REOCCURING excellent income stream from clients that are commercial & residential. Backflow Prevention company services fulfill the laws mandated by Federal, State & County to be inspected, certified & repaired every year! Customer base includes 7,500 customers annually. Approximately 11,000 total customers presently in data base. Current empowered by Clean Water Act. KEY MANAGER in place. The retiring owner will leave license(s) in place until Buyer qualifies for special license. |
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