Listing ID: 72955
The Company offers a wide selection of cabinetry. It is a successful company offering cabinetry and countertop and appliance installation for home builders, nonprofits, and homeowners, focusing on disaster recovery regions. CORE CAPABILITIES: Manufacturing, engineering, architectural, project management, logistics management.
- Asking Price: $1,000,000
- Cash Flow: $27,751
- Gross Revenue: $547,977
- EBITDA: $124,946
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2017
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
3 story Office / Home in Galveston can be included for $400,000
The seller is flexible, to provide a transition period contingent on the offer.
Manufacturing a new product for the cabinet industry. Starting a new think tank
The Gulf Coast of Texas has a population of 8 million with a market of 250,000 Prospects @ $10,000 $2.5 Billion Market.
The venture was established in 2017, making the business 5 years old.
The business has 5 employees and is situated in a building with estimated square footage of N/A sq ft.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell operating businesses. Nevertheless, the real factor and the one they tell you may be 2 completely different things. As an example, they may state "I have too many various commitments" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these may just be justifications to try to hide the reality of altering demographics, increased competitors, current reduction in profits, or an array of other reasons. This is why it is very essential that you not depend absolutely on a seller's word, yet instead, utilize the vendor's response together with your overall due diligence. This will repaint an extra sensible image of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses take out loans in order to cover items such as inventory, payroll, accounts payable, and so on. Keep in mind that in some cases this can imply that earnings margins are too small. Lots of companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be satisfied or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in new consumers? Most times, businesses have repeat customers, which create the core of their everyday profits. Particular elements such as brand-new competitors growing up around the location, road building, as well as employee turn over can affect repeat consumers and also negatively affect future earnings. One essential thing to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Obviously, the more people that see the business often, the greater the possibility to build a returning client base. A last idea is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the edge of town? Exactly how might the regional mean home income impact future earnings prospects?