Business Overview

***UNDER CONTRACT***

PLEASE DOWNLOAD BROCHURE UNDER ATTACHED DOCUMENTS. PLEASE COMPLETE AND RETURN PAGE 2 (NDA) REQUESTS FOR MORE INFORMATION WITHOUT COMPLETED NDA WILL NOT BE RETURNED.

• Large format store, amazing margins!
• Great customer demographics.
• Ample parking and established clientele.
• Perfect for Hands-on operator.
• Located on high VPD thoroughfare.
• Great wine sales, high end spirits!
• SBA Financing Available.

Financial

  • Asking Price: $1,100,000
  • Cash Flow: $335,628
  • Gross Revenue: $3,000,000
  • EBITDA: $335,628
  • FF&E: N/A
  • Inventory: $385,000
  • 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:4
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks at no cost to Buyer.

Additional Info

The deal won't include inventory valued at $385,000*, which ins't included in the asking price.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. However, the real reason and the one they say to you may be 2 entirely different things. For instance, they might state "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might simply be justifications to attempt to hide the reality of transforming demographics, increased competition, current decrease in revenues, or an array of various other factors. This is why it is extremely essential that you not depend entirely on a vendor's word, however instead, use the seller's answer combined with your general due diligence. This will paint a more practical image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many operating businesses take out loans so as to cover points like inventory, payroll, accounts payable, etc. Remember that in some cases this can mean that earnings margins are too small. Many companies come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that should be met or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract brand-new clients? Most times, companies have repeat customers, which form the core of their daily earnings. Certain elements such as brand-new competitors growing up around the location, roadway building, and also personnel turn over can influence repeat customers and also negatively affect future incomes. One essential thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business often, the higher the possibility to develop a returning customer base. A last thought is the basic location demographics. Is the business situated in a largely inhabited city, or is it situated on the edge of town? How might the regional average home earnings influence future income prospects?