Listing ID: 72433
THIS COMPANY OFFERS TOTAL CABIN SOLUTIONS FOR LUXURY AVIATION!
This company focuses on the in-flight needs of the luxury aviation market.
This company provides Interior Design services and products that range from a complete collection of tableware, luxury linens, lavatory fixtures, bedding & accessories for both corporate & private aircraft, charter companies, jet manufacturers & completion centers.
Its manufacturing standards are the highest quality in terms of craftsmanship & materials.
THIS COMPANY IS A LEADER CABIN SOLUTIONS FOR LUXURY AVIATION!
This Company Started Operations in 2002. With Contracts In Place With Major Jet Manufacturers, The Skies The Limit For This Business.
- Asking Price: $3,250,000
- Cash Flow: $996,424
- Gross Revenue: $4,473,629
- EBITDA: N/A
- FF&E: $149,940
- Inventory: $164,700
- Inventory Included: Yes
- Established: 2002
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:4,930
- Lot Size:N/A
- Total Number of Employees:23
- Furniture, Fixtures and Equipment:N/A
Type of Location: Commercial Facilities: OFFICES AND WAREHOUSE IN AN INDUSTRIAL PARK
COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE
The venture was started in 2002, making the business 20 years old.
The transaction does include inventory valued at $164,700, which is included in the requested price.
The business has 23 employees and is situated in a building with approx. square footage of 4,930 sq ft.
The property is leased by the business for $4,092 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell operating businesses. However, the real reason vs the one they say to you might be 2 completely different things. For instance, they may claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might simply be justifications to attempt to hide the reality of transforming demographics, increased competitors, recent reduction in earnings, or a range of various other reasons. This is why it is extremely essential that you not rely entirely on a vendor's word, but instead, make use of the seller's answer along with your general due diligence. This will paint an extra reasonable image of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of businesses borrow money with the purpose of covering points such as supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that profit margins are too thin. Lots of companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be met or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area draw in brand-new clients? Many times, companies have repeat customers, which form the core of their day-to-day revenues. Certain elements such as brand-new competition sprouting up around the area, roadway construction, as well as staff turn over can affect repeat customers and adversely impact future incomes. One vital point to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the better the possibility to build a returning customer base. A last idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it situated on the outskirts of town? How might the regional average household income effect future earnings potential?