Listing ID: 72615
Do you know those beautiful scenic ads, the ones where you tour the highways of Oregon?
Wouldn’t it be nice to have that as your job?
It would be on your own schedule, driving to your various stops when you like. And you only have to do it when you wish, about every month or so!
I list a lot of businesses that are “business operations, with employees, systems, etc. (as opposed to a job.) They are priced accordingly and can cost many hundreds of thousands of dollars.
But why not buy a “job”? Your own job, with your own choice of when and where to go? One in which you could go or not, if you want to take some time off.
And what if this job were stable and long lasting (i.e., decades of history?)
And what if it required only certain basic skills—metal cutting, packaging, driving?
This job pays well, and with an SBA loan it offers a strong return on investment.
Why not check it out? The owner has been enjoying a stable income for years, now maybe its your turn!
- Asking Price: $135,111
- Cash Flow: $70,866
- Gross Revenue: $159,670
- EBITDA: $70,866
- FF&E: N/A
- Inventory: $5,000
- Inventory Included: Yes
- Established: 1985
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
A new shop must be leased, approximately 24 x 35, 02 840 square feet. The new location can be located along the I-5 corridor for convenience to the delivery points.
The Owner will provide 30 days of hands-on support, followed by 6 months of telephone and e-mail support.
This is an established route of display units, with excellent client loyalty.
There are more potential display units to service throughout Oregon, it's just a matter of how much time and energy the new owner wants to put in. It should be possible to double the income.
The venture was founded in 1985, making the business 37 years old.
The transaction shall include inventory valued at $5,000, which is included in the listing price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell businesses. Nevertheless, the true factor vs the one they say to you might be 2 entirely different things. For instance, they may claim "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might just be excuses to attempt to hide the reality of altering demographics, increased competitors, recent reduction in revenues, or a variety of other reasons. This is why it is extremely vital that you not depend totally on a seller's word, however rather, use the seller's solution together with your general due diligence. This will repaint a more sensible image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses borrow money so as to cover things like stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that earnings margins are too thin. Many companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that should be fulfilled or may cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area bring in new consumers? Many times, operating businesses have repeat customers, which create the core of their day-to-day profits. Specific elements such as brand-new competitors sprouting up around the area, road building, and personnel turn over can affect repeat consumers and negatively affect future revenues. One vital thing to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business often, the better the opportunity to construct a returning customer base. A last thought is the basic location demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Exactly how might the regional typical home income effect future revenue prospects?