Listing ID: 75117
This building is huge with a large retail business inside with clothes for women, men, and children. People come streaming across the border to shop at this very nice retail shop for the whole family. There are also rental spaces for other shops right now the rental space is generating $9,000. a month. With the land and building, this is a must-see!
- Asking Price: $1,590,000
- Cash Flow: $264,000
- Gross Revenue: $960,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $150,000
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:45,000
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
45,000 SQ building with land and a retail business. Rental property in the building with an income of $9,000.00 a month.
This is the biggest building in Nogales you can't miss this building.
Owner operated would increase sales or an experienced manager to run the business.
The transaction shall not include inventory valued at $150,000*, which ins't included in the listing price.
The company has 3FT 2PT employees and is located in a building with estimated square footage of 45,000 sq ft.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals resolve to sell businesses. However, the true factor and the one they say to you might be 2 absolutely different things. For instance, they might state "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might simply be justifications to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in earnings, or an array of other factors. This is why it is really essential that you not rely absolutely on a vendor's word, yet rather, use the vendor's answer in conjunction with your total due diligence. This will repaint a more reasonable image of the business's present situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses borrow money so as to cover items like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can suggest that earnings margins are too thin. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that must be fulfilled or might cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location attract new clients? Often times, operating businesses have repeat clients, which develop the core of their everyday revenues. Specific variables such as new competitors growing up around the location, roadway building, and also personnel turnover can affect repeat consumers and adversely impact future profits. One crucial point to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more people that see the business often, the better the chance to build a returning consumer base. A last thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it situated on the edge of town? How might the neighborhood mean household earnings influence future revenue potential?