Business Overview

The property management opportunity in Gulf Shores is now available, and you can take advantage of a proven system in use since 2008. Also available in Biloxi, New Orleans and Baton Rouge.

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: $85,000
  • 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 types of reasons why individuals decide to sell operating businesses. Nonetheless, the real reason vs the one they tell you might be 2 completely different things. As an example, they may state "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these may simply be justifications to try to conceal the reality of transforming demographics, increased competition, recent reduction in earnings, or a range of other factors. This is why it is really important that you not count totally on a vendor's word, yet rather, use the seller's answer combined with your general due diligence. This will paint a more realistic image of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses take out loans with the purpose of covering points such as supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can imply that profit margins are too tight. Many businesses fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also 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 agreements with vendors that should be met or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area bring in brand-new consumers? Many times, businesses have repeat consumers, which create the core of their day-to-day profits. Specific aspects such as new competitors growing up around the area, road building, and also staff turnover can influence repeat consumers as well as adversely affect future revenues. One essential point to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more people that see the business on a regular basis, the better the possibility to construct a returning client base. A last thought is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? Exactly how might the local average household income impact future revenue prospects?