Listing ID: 67365
This Digital Marketing and Website Design business is an award-winning web design and digital marketing agency exclusively focused on helping small businesses develop websites and marketing content to improve their business. Located in Northern Virginia, we help companies across the U.S. develop websites and marketing content to attract more customers and ultimately increase their bottom line. For more detailed information, please contact listing agent Scott Black at 757-439-9037 or email email@example.com
- Asking Price: $990,000
- Cash Flow: $301,169
- Gross Revenue: $400,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2017
- 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
This is a home based/relocatable/online business. Seller is active in the business with 1 FT employee and 1 independent contractor. (Home Based)
Ready to move on to other business
This Business Is Home Based
The venture was established in 2017, making the business 5 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell operating businesses. However, the genuine factor vs the one they tell you might be 2 totally different things. For instance, they might state "I have too many various obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might just be reasons to try to hide the reality of altering demographics, increased competition, current reduction in incomes, or an array of other factors. This is why it is extremely essential that you not depend completely on a vendor's word, however rather, make use of the seller's response together with your total due diligence. This will repaint a more reasonable image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans in order to cover items such as inventory, payroll, accounts payable, and so on. Bear in mind that in some cases this can suggest that profit margins are too thin. Numerous companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that must be fulfilled or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location attract new clients? Often times, operating businesses have repeat customers, which form the core of their day-to-day revenues. Specific aspects such as brand-new competitors sprouting up around the area, road building and construction, and employee turnover can affect repeat consumers and also adversely influence future profits. One vital point to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business regularly, the better the chance to construct a returning client base. A final thought is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Just how might the local median family earnings influence future income prospects?