Listing ID: 72947
Inside Sale: $130,000
Gas Sale : 45.000 Gallons
Lotto/ATM : $ 3000
Chicken Franchise can be Add for extra income.
Big Piece of Land with lot of potential with serious buyers.
Asking Price : 2,200,000 + Inventory
SERIOUS INQUIRE ONLY CALL FOR MORE DETAIL @240-643-4444
- Asking Price: $2,200,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:Own
- 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
Seller will provide the new buyer two weeks training after business is purchased.
Chicken Franchise can be Add.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals decide to sell businesses. Nonetheless, the real factor and the one they tell you might be 2 totally different things. As an example, they may say "I have too many other obligations" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might just be reasons to try to hide the reality of transforming demographics, increased competitors, recent decrease in revenues, or a range of various other reasons. This is why it is extremely vital that you not count absolutely on a vendor's word, but rather, make use of the seller's answer in conjunction with your total due diligence. This will repaint an extra realistic image of the business's current scenario.
Existing Debts and Future Obligations
If the current business is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Many companies borrow money with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Remember that occasionally this can imply that earnings margins are too small. Numerous businesses come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that have to be met or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area bring in new customers? Many times, businesses have repeat clients, which form the core of their day-to-day earnings. Certain variables such as new competition sprouting up around the location, road building and construction, and also employee turnover can affect repeat customers as well as adversely affect future profits. One crucial thing to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Obviously, the more people that see the business regularly, the higher the opportunity to develop a returning consumer base. A final idea is the basic area demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? How might the local median household income influence future earnings potential?