Status: Sold
Water Filtration and Pump Business - Listing #: 51944
| Category | : | Water Related | SIC | : | 8999 | |
| Detail | : | Pump Service | Price | : | 750,000 | |
| County | : | Citrus | Down | : | 750,000 | |
| State/Prov | : | Florida | Disc Earn | : | 267,349 | |
| Country | : | USA | Sales | : | 842,649 |
|
This is a fully licensed and insured, family owned and operated business for over 18 years specializing in pump repairs and water filtration services all of Citrus, Marion and Hernando Counties, and the surrounding areas. The owners have a combined experience of over 23 years in the industry, and the company has the resources needed to ensure that your well, pump and water filtration are providing efficient service for your home or business. They offer emergency pump repairs, submersible pumps, jet pumps, irrigation, tanks, leak detection, water filtration, well plugging, annual checkups with filtration and pump maintenance. They also install new water filtration systems that can filter out such contaminates as iron, sulfur, tannins, e. coli and more. Theses contaminates can not only harm your family but stain and deteriorate your fixtures and faucets. This is an opportunity to help service your community with clean water while making a life for yourself. |
| Reason for Sale | : | Moving out of State |
| General Location | : | Nature Coast |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
| : | Years Established : 18 Years Owned: 18 Emp FT: 5 Emp PT: 0 Mgrs: 0 | |
| Non Compete | : | Miles: 150 Years: 3 Weeks Training: 12 Cost: 0 |
| Operating dys/hrs | : | M-F 7:30-5pm |
| Skills/Licenses | : | General Business |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: N May Qualify For Visa: Y |
| Data Source | Annualized | Tax Return | |||
| Year (Cash Flow) | 2022 (N) | 2021 (N) | (N) | ||
| Gross Revenue | 842,649 | 696,171 | 0 | ||
| Cost of Goods | 242,139 | 149,977 | 0 | ||
| Gross Profit | 600,510 | 546,194 | 0 | ||
| Expenses | 479,865 | 484,613 | 0 | ||
| Net | 120,645 | 61,581 | 0 | ||
| Owner Salary | 100,000 | 113,411 | 0 | ||
| Benefits | 31,704 | 33,997 | 0 | ||
| Interest Expense | 10,000 | 10,593 | 0 | ||
| Depreciation | 5,000 | 5,298 | 0 | ||
| Other | 0 | 0 | 0 | ||
| Discretionary Earnings | 267,349 | 224,880 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 80,000 | Y* | ___________ | 0 | N* |
| F F & E | 100,000 | Y* | Total Assets | 180,000 | Y* |
| Leasehold | 0 | N* | *Included? |
| Lease/Month: 2,150 | Square Footage: 4,500 | Building Type: industrial |
| Terms & Options: 3 year term with 3 yr opt | Expiration Date: 12/31/2022 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| GREGORY T. BELL | Office | : | (239) 849-9334 | |
| ASSOCIATE | Agent Direct | : | (913) 226-7735 | |
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Fax | : | ||
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | Cell | : | (913) 226-7735 |
| NAPLES, FLORIDA 34105 | : | gbell@sunbeltnetwork.com | ||
| USA | Home Page | : | sunbeltofflorida.com |