Listing ID: 76142
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• Easy to Run Operation.
• Real Estate available for Purchase!
• Non-Grocery Anchored.
• Perfect for Hands-on operator.
• Located in Delta County, CO.
• Upside from high growth market.
• SBA Financing Available.
- Asking Price: $1,150,000
- Cash Flow: $241,640
- Gross Revenue: $1,886,000
- EBITDA: $241,640
- FF&E: N/A
- Inventory: $175,000
- Inventory Included: N/A
- Established: N/A
2 weeks no cost to Buyer
The sale won't include inventory valued at $175,000*, which ins't included in the listing price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell businesses. Nonetheless, the true factor vs the one they tell you might be 2 totally different things. For instance, they may state "I have way too many various commitments" or "I am retiring". For many sellers, these factors stand. However, for some, these might just be excuses to attempt to conceal the reality of transforming demographics, increased competitors, current reduction in profits, or an array of various other reasons. This is why it is very vital that you not depend entirely on a seller's word, but rather, utilize the vendor's solution in conjunction with your general due diligence. This will repaint a much more reasonable image of the business's current scenario.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Numerous companies take out loans in order to cover items like stock, payroll, accounts payable, and so on. Bear in mind that in some cases this can imply that revenue margins are too tight. Lots of businesses fall 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 take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that need to be fulfilled or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in new customers? Most times, businesses have repeat clients, which form the core of their daily earnings. Certain aspects such as new competition sprouting up around the area, roadway construction, as well as personnel turn over can influence repeat clients as well as adversely affect future earnings. One crucial point to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the better the opportunity to construct a returning customer base. A final thought is the general area demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Exactly how might the local typical home earnings influence future income prospects?