Listing ID: 74829
Boylan Brother’s Window Cleaning is an established business of over 41 years serving the Coachella Valley. They offer professional services for both commercial and residential properties. Let them take a look at your property, know job is too large or small for them. From small sunrooms to large showrooms, difficult to reach projects, skylights and storefronts they do it all. Many long standing established clients! Please call broker for more details on this exciting opportunity and to arrange a showing.
This information, while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies. DRE #01366091 00092520
- Asking Price: $295,000
- Cash Flow: $112,905
- Gross Revenue: $298,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 1979
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:400
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Will train for an agreed amount of time for an smooth transition.
The company was founded in 1979, making the business 43 years old.
The business has 3 employees and is situated in a building with approx. square footage of 400 sq ft.
The real estate is leased by the business for $450 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell businesses. Nevertheless, the genuine factor and the one they say to you might be 2 entirely different things. As an example, they may state "I have way too many various commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these may just be justifications to try to conceal the reality of transforming demographics, increased competitors, current reduction in profits, or a range of other reasons. This is why it is really important that you not rely completely on a seller's word, yet instead, use the vendor's response in conjunction with your overall due diligence. This will paint an extra sensible image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses take out loans with the purpose of covering items such as supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that earnings margins are too small. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that must be fulfilled or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area bring in new customers? Often times, businesses have repeat consumers, which create the core of their day-to-day revenues. Particular factors such as new competition growing up around the area, road construction, and employee turn over can impact repeat clients and adversely impact future profits. One important point to consider is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Clearly, the more people that see the business on a regular basis, the higher the possibility to construct a returning client base. A last idea is the general area demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Just how might the regional typical family income effect future earnings prospects?