Listing ID: 73845
Package of 9 Stores, three are State Liquor Agencies, others are C-Stores or Drive Thru’s, One store has includes a High Volume Pizza Shop. All in the State of Ohio, Mostly concentrated East and SouthEast Ohio.
Some with Real Estate, Super Cash Flow, all businesses are well run with employees and all are Absentee Owner. Super systems in place to monitor daily sales. Clean records.
All businesses have consistent increased annual sales .
Priced based on Business Cash Flow and the Value of the Real Estate. Sales price does not include inventory.
Buyer must show Proof of Financial ability prior to disclosing locations and or Business names.
- Asking Price: $8,700,000
- Cash Flow: N/A
- Gross Revenue: $15,180,700
- EBITDA: $1,100,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Package of 9 Stores, three are State Liquor Agencies, others are C-Stores or Drive Thru's, One store has includes a High Volume Pizza Shop. All in the State of Ohio, Mostly concentrated East and SouthEast Ohio.
Owner will train, employees and managers all will stay
Entering New Ventures, raising Capital
All are located in areas with little competition and in the best locations for the local trade area.
Some locations have room to expand. Many businesses are increasing in sales and new management may choose to carry additional items and increase advertising.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals decide to sell companies. Nevertheless, the real reason and the one they tell you may be 2 absolutely different things. For instance, they might say "I have too many other commitments" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might simply be excuses to attempt to conceal the reality of changing demographics, increased competition, current reduction in revenues, or an array of other factors. This is why it is really important that you not count totally on a seller's word, yet instead, use the seller's solution along with your overall due diligence. This will repaint an extra reasonable image of the business's present situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses finance loans so as to cover things such as stock, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that revenue margins are too thin. Many businesses fall into 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 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 should be satisfied or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location attract new consumers? Many times, operating businesses have repeat customers, which form the core of their day-to-day revenues. Particular aspects such as new competitors growing up around the location, road building and construction, and employee turn over can impact repeat consumers and also adversely impact future profits. One crucial point to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the higher the chance to develop a returning customer base. A last thought is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? Just how might the local median house earnings influence future revenue potential?