Business Overview

Established manufacturer of small inspirational glassware items available for turn-key transition. Located in a beautiful mountain region of tax-friendly Tennessee. The business services Amazon as well as repeat customer accounts across the country. Sales have not suffered significantly as a result of COVID. Ideal opportunity
to live in a beautiful, uncrowded area of the state with growing business opportunities. Brand new digital UV printer included, as well as one other slightly used UV printer and high-quality color laser catalog printer. All other equipment necessary to run the business included as well. All inventory/supplies required for the manufacturing process are also included.

Real estate priced separately at $239,000 which is also for sale.
Exterior of building recently painted. Plenty of parking. Ready for new owners to take over and make a profit on day one!

Financial

  • Asking Price: $549,000
  • Cash Flow: N/A
  • Gross Revenue: $444,775
  • EBITDA: $267,853
  • FF&E: $50,000
  • Inventory: $130,000
  • Inventory Included: Yes
  • Established: 1990

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:5,152
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Great free standing building on 0.28 acres. Recent renovations.

Is Support & Training Included:

Owner will help train buyer

Purpose For Selling:

Retiring

Pros and Cons:

Very little within the market.

Opportunities and Growth:

Business has room for potential growth with online sales and more!

Additional Info

The business was established in 1990, making the business 32 years old.
The transaction will include inventory valued at $130,000, which is included in the requested price.

The business has 5 employees and resides in a building with estimated square footage of 5,152 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell operating businesses. Nevertheless, the true reason vs the one they tell you might be 2 totally different things. For instance, they might say "I have a lot of various responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these might simply be justifications to attempt to hide the reality of altering demographics, increased competition, recent decrease in profits, or a range of other factors. This is why it is really crucial that you not depend totally on a seller's word, however rather, utilize the seller's response in conjunction with your total due diligence. This will repaint a much more sensible 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 need to consider this when valuating/preparing your offer. Many operating businesses take out loans so as to cover items such as stock, payroll, accounts payable, so on and so forth. Remember that occasionally this can suggest that earnings margins are too thin. Many businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that have to be met or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in brand-new customers? Most times, businesses have repeat consumers, which develop the core of their everyday profits. Particular elements such as brand-new competitors sprouting up around the area, road building and construction, and personnel turn over can impact repeat customers and also negatively influence future incomes. One essential point to think about is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business regularly, the better the possibility to construct a returning client base. A final thought is the general location demographics. Is the business placed in a largely populated city, or is it located on the edge of town? Just how might the local median family income influence future earnings prospects?