Listing ID: 72655
Plenty of opportunity for growth by increasing advertising and adding employees. Great opportunity to be your own boss, set your own schedule with this mobile door and window business. Sale includes a full sized, self-contained Mercedes Sprinter van with all tools, displays and samples. This business travels to its customers. Business can be located anywhere, very low overhead and low operating costs allow competitive pricing. Price includes complete training for this turn-key opportunity. PH10725
- Asking Price: $255,000
- Cash Flow: $156,391
- Gross Revenue: $300,563
- EBITDA: N/A
- FF&E: N/A
- Inventory: $4,000
- Inventory Included: Yes
- Established: 2006
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Hours Monday thru Friday By Appointment
3 weeks, 20 hours per week
Moving out of State
The company was founded in 2006, making the business 16 years old.
The deal will include inventory valued at $4,000, which is included in the asking price.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell companies. However, the genuine factor vs the one they say to you may be 2 absolutely different things. As an example, they might claim "I have too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may just be reasons to try to conceal the reality of changing demographics, increased competition, current reduction in revenues, or an array of other reasons. This is why it is really essential that you not count totally on a seller's word, but rather, make use of the vendor's solution along with your total due diligence. This will paint a more practical image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of operating businesses borrow money with the purpose of covering points like inventory, payroll, accounts payable, etc. Bear in mind that occasionally this can indicate that revenue margins are too thin. Lots of companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that need to be met or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area bring in new customers? Often times, businesses have repeat customers, which develop the core of their day-to-day earnings. Certain factors such as brand-new competitors growing up around the area, road building, as well as employee turn over can impact repeat consumers and also adversely impact future profits. One vital point to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business on a regular basis, the greater the chance to construct a returning customer base. A last idea is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Exactly how might the local typical household income influence future income prospects?