Business Overview

The property management office in Baton Rouge is now available, and you can take advantage of a proven system in use since 2008.

The firm handles residential, commercial, association, and short-term markets.

The seller is dedicated to a seamless transition and will thoroughly train the new owner in all aspects of the business.

For details, please contact William Bruce from this website. Email is preferred,

We look forward to showing you this unique opportunity.

Financial

  • Asking Price: $79,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people decide to sell companies. Nevertheless, the genuine reason vs the one they say to you may be 2 entirely different things. For instance, they may state "I have way too many other obligations" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might just be excuses to try to conceal the reality of transforming demographics, increased competition, recent reduction in incomes, or a range of other factors. This is why it is extremely vital that you not count totally on a seller's word, but instead, make use of the seller's solution together with your general due diligence. This will repaint a more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Many businesses finance loans with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can mean that revenue margins are too tight. Lots of businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that should be met or might result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area bring in brand-new consumers? Most times, businesses have repeat customers, which form the core of their daily earnings. Particular variables such as brand-new competition sprouting up around the location, roadway construction, as well as employee turn over can impact repeat clients and adversely affect future revenues. One vital thing to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the greater the chance to build a returning customer base. A final thought is the general area demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? Exactly how might the regional median house earnings effect future revenue potential?