Business Overview

Be a part of a 100 Billion dollar industry with this nine-year-old franchise ready to be taken to the next level.
Offered at $50K below replacement cost, this is a great way to make your dreams of business ownership a reality! With an established clientele and an excellent reputation in the area, you can step into this business and make it your own.
The owner started this business while her children were still in school, and she wanted a company that offered a creative outlet for her and the perks of business ownership. In addition, you can become a part of the community and help out your neighbors by making custom wear and promotional gifts.

Working truncated hours since COVID, the buyer is generally willing to view the location before 11 am and after 6 pm anytime the buyer wants to view the site.

Financial

  • Asking Price: $149,000
  • Cash Flow: N/A
  • Gross Revenue: $170,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $9,000
  • Inventory Included: N/A
  • Established: N/A

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:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

semi retirement

Additional Info

The deal doesn't include inventory valued at $9,000*, which ins't included in the asking price.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. Nevertheless, the true reason vs the one they tell you might be 2 entirely different things. For instance, they may claim "I have too many various obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might just be justifications to attempt to conceal the reality of transforming demographics, increased competitors, current reduction in profits, or a range of various other factors. This is why it is extremely important that you not depend totally on a seller's word, yet rather, utilize the seller's solution together with your total due diligence. This will paint a much more realistic image of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses take out loans with the purpose of covering points such as inventory, payroll, accounts payable, so on and so forth. Remember that in some cases this can mean that earnings margins are too tight. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be fulfilled or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location bring in new clients? Most times, businesses have repeat clients, which create the core of their everyday earnings. Certain factors such as new competition growing up around the area, road construction, as well as personnel turn over can influence repeat clients as well as negatively impact future earnings. One important thing to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the better the opportunity to construct a returning consumer base. A final thought is the basic location demographics. Is the business situated in a densely populated city, or is it situated on the outskirts of town? How might the local average family earnings effect future revenue prospects?