Listing ID: 72649
Well established window tinting business in a high traffic area with continuous growth, using premium materials. The company is well known and respected in the community. The business’ primary revenue source is automotive window tinting.
This business has been an owner operated business, and there is enough room and business for more help.
There are opportunities to expand marketing of services to focus on commercial window tinting. Additionally, the location has space to increase the daily vehicle output to improve revenues. Additional offerings including vehicle detailing can also be done on location. SA10741
- Asking Price: $175,000
- Cash Flow: $126,432
- Gross Revenue: $193,831
- EBITDA: N/A
- FF&E: N/A
- Inventory: $5,000
- Inventory Included: Yes
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,412
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
A new lease is available, Hours Monday thru Friday from 9 am to 5 pm
2 weeks, 20 hours per week
Move out of state
The venture was established in 2018, making the business 4 years old.
The transaction shall include inventory valued at $5,000, which is included in the asking price.
The building is leased by the company for $2,280 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals choose to sell companies. However, the genuine factor and the one they tell you may be 2 entirely different things. For instance, they might claim "I have a lot of various responsibilities" or "I am retiring". For many sellers, these reasons are valid. But, for some, these may simply be excuses to try to conceal the reality of transforming demographics, increased competition, current decrease in profits, or a range of various other reasons. This is why it is really essential that you not count absolutely on a vendor's word, yet instead, use the seller's solution together with your overall due diligence. This will repaint a more practical image of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous companies borrow money in order to cover things like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can suggest that profit margins are too tight. Many companies come under 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 take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that need to be fulfilled or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location draw in new clients? Most times, operating businesses have repeat clients, which form the core of their daily earnings. Specific elements such as new competition growing up around the location, road building and construction, and also staff turnover can affect repeat consumers and adversely impact future earnings. One crucial point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the better the opportunity to develop a returning client base. A final idea is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? How might the regional mean household income impact future earnings prospects?