Business Overview

Business has been in existence over 10 years. Owner works 8 months a year and plays the other 4. What a life! Owner is ready to move to another opportunity. The owner is willing to owner finance. Much of the business is automated. Looking for new owner with new ideas and energy to take it to the next level. Owner has run this business while full time employed(40-50 hours a week) at a local service business. Included with sell is over $350k in equipment including 2 vehicles and multiple trailers. This business is turn key. 2021 owners cashflow is around $300k.

Financial

  • Asking Price: $975,000
  • Cash Flow: $300,583
  • Gross Revenue: $460,000
  • EBITDA: N/A
  • FF&E: $360,913
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2011

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Our standard delivery areas include the Florida communities of Fort Walton Beach, Destin, Mary Esther, Miramar Beach, Navarre, Niceville, Santa Rosa Beach, Shalimar, Valparaiso, Crestview, Eglin Air Force Base, Hurlburt Field and Gulf Breeze (32563). We provide events in our extended delivery area which includes the following Florida communities Freeport, Defuniak Springs, Gulf Breeze Pensacola, Milton, Pace, Seagrove, & Panama City.

Is Support & Training Included:

Owner willing to give 30 days to ensure a smooth transition

Purpose For Selling:

Concentrate on New Venture

Pros and Cons:

Business doesn't advertise! Tremendous growth with no advertising. Big Opportunity to grow with advertising.

Additional Info

The business was started in 2011, making the business 11 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell companies. However, the genuine reason and the one they tell you might be 2 totally different things. For instance, they might claim "I have too many various commitments" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these may just be reasons to try to conceal the reality of altering demographics, increased competitors, recent decrease in earnings, or a range of various other reasons. This is why it is really vital that you not count totally on a seller's word, however rather, utilize the seller's solution along with your overall due diligence. This will paint a more realistic image of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Many companies finance loans in order to cover things like stock, payroll, accounts payable, etc. Keep in mind that in some cases this can imply that profit margins are too thin. Lots of businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that must be met or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract brand-new consumers? Most times, operating businesses have repeat customers, which create the core of their daily earnings. Particular variables such as brand-new competitors sprouting up around the location, road building and construction, and employee turn over can influence repeat customers and negatively influence future revenues. One essential point to think about is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the greater the opportunity to construct a returning customer base. A final idea is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood mean home income effect future income prospects?