Business Overview

This company delivers vehicles to and from auto dealers and auction sites. It is a long-term, lucrative, and low-risk business.

Financial

  • Asking Price: $200,000
  • Cash Flow: $120,000
  • Gross Revenue: $400,000
  • EBITDA: N/A
  • FF&E: $40,000
  • Inventory: $500
  • Inventory Included: N/A
  • Established: 1989

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:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Currently home-based and can be run from anywhere in the area. (Home Based)

Is Support & Training Included:

As needed and agreed upon.

Purpose For Selling:

Other interests.

Opportunities and Growth:

Adding additional vehicles and actively selling and marketing services would greatly improve revenues.

Home Based:

This Business Is Home Based

Additional Info

The company was started in 1989, making the business 33 years old.
The deal shall not include inventory valued at $500*, which ins't included in the listing price.

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell operating businesses. However, the genuine factor and the one they say to you might be 2 completely different things. For instance, they might claim "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competitors, recent decrease in profits, or a range of other reasons. This is why it is extremely important that you not count totally on a vendor's word, yet instead, make use of the seller's solution in conjunction with your general due diligence. This will paint a much more practical image of the business's current circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses borrow money with the purpose of covering points such as stock, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that profit margins are too thin. Lots of companies come 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 consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that need to be met or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area attract brand-new clients? Many times, companies have repeat customers, which create the core of their daily revenues. Particular variables such as new competition sprouting up around the area, roadway building, as well as personnel turn over can influence repeat clients and adversely impact future profits. One crucial thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the better the opportunity to construct a returning client base. A last thought is the basic location demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? How might the neighborhood mean household earnings impact future revenue potential?