Business Overview

The company is an On-Site blind cleaning and repair business. The company uses Ultrasonic technology to effectively remove dirt and grease from the blinds. The company serves residential and commercial clients throughout the Portland/Vancouver metropolitan area. The company also repair blinds On-Site so that the blinds will be back up in the customer’s window within a short period of time. The company has various opportunities for growth throughout the region. All equipment essential to operate the business, except for a tow vehicle, are included in the sale.

Financial

  • Asking Price: $60,000
  • Cash Flow: $76,000
  • Gross Revenue: $108,000
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1996

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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The company operates from the owners home and will need to be relocated at closing

Is Support & Training Included:

The owner will provide training and transition support to the buyer.

Purpose For Selling:

Relocation

Pros and Cons:

This business is the only on-site blind cleaning and repair business in the region.

Opportunities and Growth:

The company has various opportunities for growth.

Additional Info

The business was established in 1996, making the business 26 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell businesses. Nonetheless, the genuine factor vs the one they tell you may be 2 totally different things. As an example, they might state "I have too many other obligations" or "I am retiring". For many sellers, these factors stand. But, for some, these might simply be excuses to try to conceal the reality of transforming demographics, increased competitors, current reduction in incomes, or an array of various other reasons. This is why it is very vital that you not rely totally on a vendor's word, however rather, utilize the seller's response together with your overall due diligence. This will repaint an extra sensible picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies take out loans in order to cover things such as stock, payroll, accounts payable, and so on. Remember that in some cases this can mean that profit margins are too small. Many organisations fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that must be fulfilled or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location attract brand-new clients? Often times, businesses have repeat customers, which form the core of their day-to-day revenues. Certain aspects such as new competition growing up around the area, roadway building, and personnel turn over can impact repeat customers as well as negatively impact future revenues. One important point to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Obviously, the more people that see the business often, the greater the chance to construct a returning client base. A final thought is the basic area demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? Just how might the local median home earnings impact future earnings potential?