Listing ID: 74122
Highly profitable, award-winning year-round tourism business situated in Alaska boasting over $300,000 in SDE from $820,000 in sales. Includes fixed assets valued at $225,000. Over one half million dollars in deposits on bookings for 2022 at the beginning of February and climbing.
This business offers a wide variety of sought-after day excursions providing for unique one-of-a-kind experiences for individuals as well as groups. These year-round excursions which have garnered five-star reviews on TripAdvisor include fishing, snow machining, Aurora Borealis watching, sightseeing, wildlife viewing, and other customizable tours.
Owner retirement is the motivation for this sale. This is not only a profitable business, it is a fun business.
New Owner Will Need to Find New Facilities, Preferably Near Trailheads
- Asking Price: $1,200,000
- Cash Flow: $306,000
- Gross Revenue: $821,310
- EBITDA: N/A
- FF&E: $225,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2012
- 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
The company was started in 2012, making the business 10 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell companies. Nevertheless, the genuine reason vs the one they tell you may be 2 absolutely different things. For instance, they may say "I have way too many other commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be reasons to attempt to hide the reality of transforming demographics, increased competition, current reduction in earnings, or an array of other factors. This is why it is very essential that you not depend entirely on a vendor's word, however instead, make use of the seller's solution in conjunction with your general due diligence. This will repaint an extra realistic picture of the business's present situation.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many companies borrow money in order to cover points like inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can mean that profit margins are too small. Lots of companies come 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 obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that must be satisfied or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location draw in brand-new customers? Many times, businesses have repeat consumers, which form the core of their day-to-day profits. Certain aspects such as brand-new competitors sprouting up around the area, roadway building, as well as staff turn over can influence repeat consumers and also adversely impact future profits. One important thing to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business often, the higher the chance to construct a returning consumer base. A final thought is the general location demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood typical house income impact future revenue potential?