Business Overview

Priced For Quick Sale, Seller Motivated! Seller says the business is ripe for growth. Buy a business you can Rave about. Needs a dedicated owner to Grow this Fine Wines & Liquor Importer/Distributor.
This Jersey wine, and liquor import and distribution company boast coveted accounts throughout the New Jersey area with over 150 retail outlets.
This company occupies 3,000 square feet warehouse.

Financial

  • Asking Price: $165,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $465,000
  • Inventory Included: N/A
  • Established: N/A
About The Facility:

3000 Sq Ft

Is Support & Training Included:

Two weeks

Purpose For Selling:

Other business interest

Additional Info

The deal shall not include inventory valued at $465,000*, which ins't included in the requested price.

The property is leased by the business for $1,450 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell operating businesses. However, the real factor vs the one they tell you may be 2 entirely different things. As an example, they might claim "I have a lot of various obligations" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competitors, current decrease in incomes, or a variety of other factors. This is why it is extremely crucial that you not count entirely on a seller's word, yet rather, utilize the vendor's response together with your overall due diligence. This will repaint a more practical image of the business's current 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 take out loans in order to cover things such as stock, payroll, accounts payable, and so on. Remember that occasionally this can indicate that profit margins are too small. Many businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that should be met or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area attract brand-new clients? Most times, companies have repeat customers, which form the core of their day-to-day profits. Certain variables such as brand-new competition sprouting up around the location, roadway building and construction, and also employee turnover can affect repeat consumers and also adversely influence future incomes. One important thing to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business on a regular basis, the greater the possibility to construct a returning customer base. A final idea is the general area demographics. Is the business located in a densely populated city, or is it located on the outside border of town? Just how might the regional average household earnings effect future income potential?