Business Overview

Horse trailer sales, service, repair and retail sales. Well established with a strong clientele. Shop also sells high quality tack, trailer rental and clothing and accessories.

Financial

  • Asking Price: $350,000
  • Cash Flow: $97,500
  • Gross Revenue: $640,000
  • EBITDA: N/A
  • FF&E: $25,000
  • Inventory: $100,000
  • Inventory Included: N/A
  • Established: 2015

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Commercial industrial.

Is Support & Training Included:

2 weeks at 0 cost.

Purpose For Selling:

Owners moving on the next adventure.

Pros and Cons:

Limited competition in this area. Good website, wood of mouth and visibility/location.

Opportunities and Growth:

Adding marketing would increase sales volume.

Additional Info

The business was established in 2015, making the business 7 years old.
The sale won't include inventory valued at $100,000*, which ins't included in the listing price.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell operating businesses. Nonetheless, the real factor vs the one they say to you might be 2 completely different things. As an example, they might state "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competition, current decrease in earnings, or an array of other reasons. This is why it is very crucial that you not rely entirely on a vendor's word, however rather, use the vendor's response along with your general due diligence. This will paint a much more realistic picture of the business's current situation.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Many companies finance loans in order to cover points such as stock, payroll, accounts payable, so on and so forth. Remember that in some cases this can imply that earnings margins are too thin. Many organisations fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that have to be fulfilled or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area bring in brand-new clients? Most times, operating businesses have repeat clients, which form the core of their everyday earnings. Certain aspects such as brand-new competitors growing up around the location, road building and construction, and staff turnover can affect repeat customers and adversely affect future revenues. One crucial thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the greater the possibility to develop a returning consumer base. A last idea is the general location demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the neighborhood typical family income effect future income prospects?