Business Overview

This company is a turn-key wholesale hunting and feed supply brand, specializing in the hunting industry. It has consistently increased gross revenues by 30% annually over the last 4 years. Customers request that their nearby feed store, travel center, and grocery store carry the brand that they have come to trust as the standard for deer feed. This company is also positioned very well to expand with some unique, possibly proprietary product offerings. Look no further for a profitable opportunity with a well-established brand ready to go to the next level.

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  • Asking Price: $1,700,000
  • Cash Flow: $256,120
  • Gross Revenue: $3,162,074
  • FF&E: $378,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2015

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:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Free-standing metal building with 8,000 sqft.

Is Support & Training Included:

Yes, 4 weeks.

Purpose For Selling:

Other interests.

Additional Info

The company was started in 2015, making the business 7 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell companies. Nevertheless, the true factor vs the one they tell you may be 2 absolutely different things. For instance, they may state "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors stand. However, for some, these might simply be justifications to attempt to hide the reality of altering demographics, increased competition, current reduction in profits, or an array of various other factors. This is why it is really essential that you not rely absolutely on a seller's word, yet instead, utilize the vendor's response together with your general due diligence. This will repaint an extra reasonable image of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Many businesses borrow money so as to cover points such as stock, payroll, accounts payable, etc. Remember that occasionally this can mean that profit margins are too thin. Lots of companies come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that have to be fulfilled or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area bring in new clients? Most times, operating businesses have repeat clients, which develop the core of their everyday earnings. Certain aspects such as brand-new competitors growing up around the area, roadway construction, and also personnel turn over can affect repeat customers and also adversely impact future incomes. One vital thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business often, the better the possibility to develop a returning consumer base. A final thought is the general area demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? How might the neighborhood typical household income effect future earnings prospects?