Listing ID: 73010
Great location in the heart of Shawnee. Opened in April of 2019 and is doing close to $50,000 monthly sales. Rent is only $650 per month. All money has been invested back into the business. Wonderful layout. Using an accountant, banks their money and W-2’s the employees.
Must sign an NDA and provide POF before any other detailed information is disseminated along with the company’s location.
This is an Exclusive Listing of The Brave Heeler Acquisition Group
- Asking Price: $250,000
- Cash Flow: N/A
- Gross Revenue: $600,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $75,000
- Inventory Included: Yes
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,000
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Leased Space in beautiful downtown Shawnee
Owner will stay and train
Ready for a NEW adventure
#1 Dispensary in Shawnee
The venture was established in 2019, making the business 3 years old.
The deal will include inventory valued at $75,000, which is included in the requested price.
The company has 3 employees and is located in a building with approx. square footage of 3,000 sq ft.
The building is leased by the business for $650 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell operating businesses. However, the true reason and the one they say to you may be 2 totally different things. For instance, they might state "I have a lot of various commitments" or "I am retiring". For many sellers, these reasons stand. But also, for some, these may simply be reasons to try to conceal the reality of altering demographics, increased competition, recent reduction in earnings, or a range of various other reasons. This is why it is extremely important that you not depend entirely on a seller's word, yet instead, utilize the seller's response along with your overall due diligence. This will repaint an extra sensible image of the business's current situation.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses borrow money with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can indicate that profit margins are too small. Many companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that have to be met or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area bring in new clients? Many times, businesses have repeat clients, which create the core of their everyday profits. Certain variables such as new competitors growing up around the area, road construction, as well as employee turnover can influence repeat clients as well as negatively impact future incomes. One crucial thing to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the greater the possibility to construct a returning client base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it situated on the edge of town? Just how might the neighborhood typical house earnings impact future revenue potential?