Business Overview

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• Non- Grocery Anchored.
• Established Clientele.
• Ample Parking.
• No City Sales Tax (unincorporated).
• Easy to Run Family Business.
• SBA Financing Available.

Financial

  • Asking Price: $500,000
  • Cash Flow: $104,157
  • Gross Revenue: $1,470,000
  • EBITDA: $104,157
  • FF&E: N/A
  • Inventory: $265,000
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks at no cost to Buyer.

Additional Info

The transaction shall not include inventory valued at $265,000*, which ins't included in the listing price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell operating businesses. However, the true reason vs the one they say to you might be 2 absolutely different things. For instance, they might say "I have a lot of other commitments" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might just be excuses to attempt to conceal the reality of altering demographics, increased competitors, recent reduction in incomes, or a range of various other factors. This is why it is really vital that you not count totally on a seller's word, yet instead, use the seller's response combined with your overall due diligence. This will repaint an extra reasonable image of the business's current situation.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses finance loans in order to cover things like inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest 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 likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that must be met or might lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area attract brand-new customers? Most times, operating businesses have repeat clients, which create the core of their everyday revenues. Specific factors such as brand-new competitors growing up around the location, roadway construction, and also staff turnover can impact repeat consumers and negatively influence future incomes. One essential thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more individuals that see the business often, the better the possibility to develop a returning client base. A final idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the local median family earnings impact future income prospects?