How to read a BBF BLI
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This document summarizes a pool service business for sale located in Orange County, Florida. The business has been established for 15 years, has 2 employees and annual sales of $160,477. Financial information from 2010-2012 is provided, showing average annual net income of $12,305. The seller is asking $150,000 for the turnkey operation, which includes 2 service trucks. Contact information is provided for the listing agent to discuss the solid and growing pool service business.
How to read a BBF BLI
- 1. How to Read a Business Listing Info (BLI) Sheet
- 2. What is the BLI The buyers one page summary of listings in the Business Brokers of Florida MLS system Provides a brief summary of important info If read and interpreted correctly can tell a buyer / broker a great deal about this business There is 2 formats: a) the buyer generic and b) the format showing names and addresses
- 3. Section 1 Listing No: BBF-43919491 Public Pictures: Category : Pool & Spa Business SIC: 7389 Detail : Pool Service Price: 150,000 County : Orange Down : 140,000 State/Prov: Florida Adj Net : 78,162 Country : USA Sales : 160,477 15 Yr Old Pool Service with long standing service clients. Biz has part time owner with 2 employees. SDE reflects full time owner. Business Comes with 2 trucks (Chevy & Nissan). All records in quickbooks and tax returns available. Ideal Visa Qualifying business with solid infrastructure for growth in the best growth areas of Orlando. Contact Agent ASAP...solid pool companies dont last.
- 4. Section 2 Reason for Sale : Discuss with Seller General Location : Orange County Orlando General Area Organization Type : Limited Corporation Hours Owner Works: 10 Years Established : 15 Years Owned: 7 Emp FT: 2 Emp PT: 0 Mgrs: 0 Non Compete : Miles: 50 Years: 3 Weeks Training: 2 Cost: 0 Operating dys/hrs : mon to fri 9 to 5 Skills/Licenses : General Management Business is : Relocatable: Y Home Based: Y Franchise: N Lender P/Q: N
- 5. Section 3 Data Source Tax Return Tax Return Tax Return Year (Cash Flow) 2012 (N) 2011 (N) 2010 (N) Gross Revenue 160,477 158,090 160,035 Cost of Goods 35,292 35,983 32,470 Gross Profit 125,185 122,107 127,565 Expenses 112,880 124,654 125,182 Net 12,305 -2,547 2,383 Owner Salary 16,000 20,800 21,200 Benefits 6,774 2,803 2,965 Interest Expense 707 956 257 Depreciation 14,513 18,670 17,594 Other 27,863 31,470 28,889 Owner Benefit 78,162 72,152 73,288
- 6. Section 4 Accounts Rec 0 N* Real Estate 0 N* Inventory 500 Y* ___________ 0 N* F F & E 6,000 Y* Total Assets 6,500 Y* Leasehold 0 N* *Included?
- 7. Sections 5 & 6 Lease/Month: Square Footage: Building Type: Terms & Options: Expiration Date: Loan/Assumable - Amt: 0 Mos: 0 Rate: 0.00 Mo Pmt: 0.00 Loan/Seller - Amt: 10,000 Mos: 12 Rate: 6.00 Mo Pmt: 860.66 Loan/Other - Amt: 0 Mos: 0 Rate: 0.00 Mo Pmt: 0.00
- 8. Section 7 & 8 MICHAEL SHEA Office : (407) 226-7171 x0466 ASSOCIATE Fax : 954-449-8518 TRANSWORLD BUSINESS ADVISORS ORLANDO Agent Direct : (407) 745- 0466 2151 CONSULATE DRIVE SUITE 7 Cell : (321) 287-0349 ORLANDO, FLORIDA 32837 Email : mike@tworld.com USA Home Page : tworld.com The seller provides all data and financial information on this business for informational purposes only. The broker does not warrant the above information and advises the buyer to seek professional advice when purchasing a business. This offering by the seller is subject to change or withdrawal without notice. This information sheet has been prepared on a confidential basis exclusively for: mike BBF-810934