Listing ID: 72532
The Business: Buy used shipping cargo containers inexpensively, Re-Purpose and refurnishing them to like new condition with modification to various uses: on site Secure Storage; Temporary office; Retail kiosk and many other uses in agriculture, construction and various industries. Sales and/or Leasing.
- Asking Price: $1,950,000
- Cash Flow: N/A
- Gross Revenue: $1,250,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $135,000
- Inventory Included: N/A
- Established: 2015
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:20,000
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
The business is on 7.8 acres: main office (footprint: 75'x60') with upstairs living quarter, large shop 100'x60' additional warehouse buildings total about 20,000 sf. Interstate 5 visibility. Business is a corporate entity leasing from "same person" real estate owner. Business has been established for years. Sales can be in the form of stocks transfer. Real Property is also available for sale/for lease with commercial realtor Chris Mills of Merit Commercial 503.805.8015. DO NOT DISTURB BUSINESS A MUST! 'Confidential & Quiet Sale". NDA & pre-qualified.
Owner can stay on to train new business owner for certain time subject to negotiation. All proprietary and confidential business intellectual properties included in the sale. Information provided herein, while not guaranteed, is deemed reliable. Interested party upon qualified should enter into contract to buy with a due diligence contingency.
There is another similar business down the street. That 'competitor' prefers strictly leasing and no sales. Subject business has it own clienteles and customers. Demand is high subjected to trade secret of buying used cargo shipping containers, etc. etc. Business sales includes business name and all goodwill, customers list etc.. Commercial Lease to be established upon sale.
There are plenty of growth depending on the energy of new owner operation and management. The real property is huge on 7.8 acres with highway interstate 5 visibility. It appears leasing is more profitable compared to outright sales. Large retail stores lease them for their store remodeling. Public agencies leases or buy them for crisis management as office and/or secure storage uses. Construction leases them as secure storage of expensive equipment and tools. Temporary uses may not require permit depending on cities and counties.
The company was started in 2015, making the business 7 years old.
The transaction shall not include inventory valued at $135,000*, which ins't included in the suggested price.
The company has 6 employees and is situated in a building with disclosed square footage of 20,000 sq ft.
The real estate is leased by the company for $10,000 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons people choose to sell operating businesses. Nonetheless, the true factor and the one they say to you may be 2 totally different things. For instance, they may claim "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be justifications to try to hide the reality of altering demographics, increased competition, current decrease in incomes, or a variety of various other reasons. This is why it is extremely crucial that you not count entirely on a vendor's word, yet rather, make use of the seller's response along with your total due diligence. This will repaint an extra realistic image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses borrow money with the purpose of covering things like supplies, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that revenue margins are too small. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that must be fulfilled or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area draw in new clients? Most times, companies have repeat customers, which create the core of their everyday profits. Particular aspects such as new competitors sprouting up around the location, roadway building and construction, as well as staff turnover can impact repeat customers and adversely affect future revenues. One vital point to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business on a regular basis, the better the opportunity to build a returning customer base. A last idea is the basic area demographics. Is the business located in a densely populated city, or is it situated on the edge of town? How might the neighborhood typical house earnings effect future revenue prospects?