Listing ID: 67562
Well Established Wholesale Beverage Distribution Company in Fairfax County, Virginia. This business specializes in the wholesale of water, juice and soda. Currently in clean and professional rented space.
This Business is a one stop solution for all the beverage needs for your business. Owner will retire and looking for a buyer with the drive and determination to grow the business to new heights.
They found the company in 2011. This business comes with a Stellar reputation and has been proudly serving for nearly 1 decade with serving over 600 + customers. This is a great opportunity to own a business that has seen 10 years of every economic climate imaginable and cash flow has remained strong through it all. Known for providing the best beverage wholesale services in town.
There is ample opportunity to expand to other product line and serve the same customer base. This company has a high rate of client satisfaction.
- Asking Price: $2,000,000
- Cash Flow: $300,000
- Gross Revenue: $9,000,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2011
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
The business was started in 2011, making the business 11 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell businesses. Nevertheless, the real reason and the one they say to you might be 2 totally different things. For instance, they may claim "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might just be excuses to try to hide the reality of changing demographics, increased competitors, recent decrease in revenues, or a variety of various other factors. This is why it is really crucial that you not rely absolutely on a vendor's word, yet instead, make use of the vendor's solution in conjunction with your overall due diligence. This will paint a more reasonable image of the business's existing situation.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Numerous companies take out loans with the purpose of covering things like inventory, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that earnings margins are too thin. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that must be met or may lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area draw in brand-new clients? Many times, operating businesses have repeat consumers, which develop the core of their daily profits. Certain factors such as new competitors sprouting up around the area, road construction, and also staff turnover can affect repeat customers and also negatively influence future revenues. One essential thing to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business often, the better the possibility to build a returning customer base. A last idea is the basic area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Exactly how might the regional mean household income effect future income prospects?