Business Overview

Established in 2008, our client primarily assists commercial clients with securing permits for construction. The company has strong name recognition and spends very little on marketing.

The company operates with a high level of efficiency and has a 70% ytd net profit margin. This margin is with low involvement from the owner. There’s substantial room for growth under new ownership.

The company operates in Austin, Texas, which is one of the fastest growing markets in the US. This name recognition and booming market provides an extremely attractive future for growth.

Financial

  • Asking Price: $3,490,000
  • Cash Flow: $832,000
  • Gross Revenue: $1,400,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2008

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:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

N/A

Is Support & Training Included:

To be determined.

Purpose For Selling:

Retirement

Additional Info

The venture was founded in 2008, making the business 14 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell operating businesses. Nevertheless, the genuine reason vs the one they tell you might be 2 absolutely different things. For instance, they may say "I have way too many other obligations" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be excuses to attempt to hide the reality of altering demographics, increased competitors, recent decrease in profits, or an array of various other factors. This is why it is really important that you not depend completely on a vendor's word, but rather, utilize the vendor's answer combined with your general due diligence. This will repaint an extra practical picture of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Many operating businesses take out loans with the purpose of covering items like supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can mean that profit margins are too small. Many organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that have to be satisfied or may lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in new consumers? Many times, companies have repeat customers, which form the core of their day-to-day revenues. Particular factors such as brand-new competitors sprouting up around the area, roadway construction, and also personnel turnover can impact repeat clients as well as negatively affect future revenues. One crucial thing to think about is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the greater the opportunity to construct a returning client base. A last thought is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? Exactly how might the neighborhood mean home income impact future income prospects?