Listing ID: 74945
Looking for an owner or larger company to buy 60 pool accounts located in the Scottsdale/Paradise Valley area. The accounts get $160 per month plus chemicals and repairs. Owner operated this business will net someone over $100k yearly. For more info call GoldStar Business Brokers.
- Asking Price: $91,000
- Cash Flow: $118,000
- Gross Revenue: $192,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $3,000
- Inventory Included: N/A
- Established: 1998
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Home based business with 60 accounts (Home Based)
Going to work for corporate
This Business Is Home Based
The venture was started in 1998, making the business 24 years old.
The transaction shall not include inventory valued at $3,000*, which ins't included in the suggested price.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell businesses. However, the genuine reason vs the one they tell you may be 2 completely different things. As an example, they may say "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may simply 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 really important that you not depend entirely on a vendor's word, yet instead, utilize the seller's response along with your overall due diligence. This will paint an extra realistic picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses borrow money with the purpose of covering items such as stock, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that revenue margins are too small. Many businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that have to be satisfied or might cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location draw in brand-new consumers? Most times, operating businesses have repeat clients, which create the core of their everyday revenues. Particular variables such as new competition sprouting up around the location, road building, as well as staff turn over can affect repeat customers and negatively influence future revenues. One essential point to think about is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business on a regular basis, the greater the possibility to construct a returning consumer base. A last idea is the basic location demographics. Is the business located in a largely populated city, or is it situated on the edge of town? Exactly how might the local average household earnings impact future earnings potential?