Business Overview

The Company is the leading provider of online Internet video delivery solutions. They focus on helping our customers successfully create, promote, leverage, and distribute streaming media content online through the deployment of a host of core capabilities and a full spectrum of innovative approaches that have achieved demonstrated results with this exciting new technology. Whether your video content is live or on-demand, you’ll find that they have the most comprehensive solutions available in the marketplace today.

Financial

  • Asking Price: $5,800,000
  • Cash Flow: $344,000
  • Gross Revenue: $715,212
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1999

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:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

retiring

Additional Info

The company was founded in 1999, making the business 23 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell businesses. Nevertheless, the genuine reason vs the one they say to you might be 2 totally different things. For instance, they may claim "I have way too many various obligations" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might just be excuses to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in profits, or an array of various other factors. This is why it is very essential that you not rely absolutely on a seller's word, but rather, utilize the vendor's response together with your general due diligence. This will paint an extra reasonable picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of operating businesses take out loans with the purpose of covering things like supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can imply that revenue margins are too tight. Numerous organisations come 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 commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that have to be satisfied or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area attract brand-new customers? Many times, businesses have repeat customers, which form the core of their everyday profits. Particular variables such as brand-new competition growing up around the location, roadway building and construction, and also staff turnover can influence repeat customers and adversely affect future earnings. One important thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more individuals that see the business on a regular basis, the greater the opportunity to develop a returning client base. A last idea is the general area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Just how might the neighborhood median home income influence future income potential?