Listing ID: 67389
SPECIAL OFFER: SALES AND DISTRIBUTION in Anti-Slip Floor Care Safety as a GFSN MASTERDISTRIBUTOR, EXCLUSIVELY in your region. Global Floor Safety Network “GFSN”, treat floors to make them nonslip and manufacture their own chemicals. They are selling Business Opportunities in Richmond, South of Richmond, Fredericksburg and Northern Virginia areas. This a very turn-key business opportunity with NO Royalties, NO Commencement fees, and NO performance clause. Exclusive territory. All monies invested go towards product and equipment. Training in person in your location. Your purchase includes full value of products and equipment, including magnetic vehicle signs, tri-fold color brochures, logo embroidered golf shirts, customer demo kit, and a professional GFSN website, customized for you at no additional charge. Exceptional sales and marketing programs, including implementing and supplying GFSN Certified Contractors under you. Become part of an international network without the gimmicky frills and hidden costs associated with other business offers. Increase Your Bottom Line This Year ~ Add-on Anti-Slip Floor Care Safety to Your Existing Business. No Start-Up Fees, No Royalties, and No Residual Fees. Ongoing Sales and Technical Support. For additional information please contact listing agent Patricia Griswold at 804-928-2651 or email@example.com
- Asking Price: $157,500
- 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 kinds of reasons individuals decide to sell operating businesses. Nonetheless, the genuine factor vs the one they tell you may be 2 entirely different things. As an example, they may state "I have too many various commitments" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may simply be reasons to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in revenues, or a variety of other reasons. This is why it is really crucial that you not count entirely on a seller's word, but rather, use the seller's response together with your overall due diligence. This will paint a much more practical picture of the business's current situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies finance loans in order to cover things such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that revenue margins are too thin. Many businesses fall under a revolving door of taking on debt as a way to pay back various 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 may have existing contracts with suppliers that should be fulfilled or may cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in new customers? Often times, companies have repeat customers, which create the core of their daily revenues. Particular aspects such as brand-new competition sprouting up around the area, road building, as well as personnel turn over can influence repeat customers as well as negatively impact future revenues. One essential thing to think about is the area 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 regularly, the greater the possibility to build a returning client base. A final thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? Just how might the neighborhood mean family earnings impact future earnings potential?