Business Overview

You Decide How Much Cash Flow Do You Want From This Business!

You can be fully involved or run it fully or semi-absentee ownership. The choice is yours.

This recession-resistant business is looking for a new owner to take it to the next level.

They recently replaced the furnace, boiler, swamp cooler, and plumbing!

* Strong Recurring Revenue Stream
* Established Brand Name and Reputation
* Ample Parking
* 24/7 Video Surveillance
* Nice Website with solid reviews

Growth Opportunities:

* Advertising (digital, social media…)
* Raise prices
* Install a magnetic lock door kit with a programmable timer
* Add more efficient/large capacity machines
* Redecorating/newer signage

The stated cash flow is after removing the PPP loans and adding back payroll assuming the business will not be run as an absentee owner.

A new owner could earn less cash flow and run it fully or semi-absentee.

The 2021 P&L adjusted cash flow assumes all payroll expenses added back for non-absentee ownership.

Please understand we represent our Seller and all potential Buyers are required to complete a Non-Disclosure Agreement (NDA) and Buyer Profile.

Financial

  • Asking Price: $191,000
  • Cash Flow: $118,569
  • Gross Revenue: $239,326
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $1,500
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,800
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

The Buyer will be given proper training and an orderly turnover to help ensure a smooth transition.

Purpose For Selling:

Need to focus on other businesses

Additional Info

The deal shall include inventory valued at $1,500, which is included in the listing price.

The business has 3 employees and is located in a building with approx. square footage of 2,800 sq ft.
The real estate is leased by the company for $2,925 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell companies. Nevertheless, the genuine reason and the one they say to you may be 2 completely different things. For instance, they might claim "I have too many other commitments" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may just be excuses to attempt to hide the reality of changing demographics, increased competition, recent decrease in earnings, or a variety of various other reasons. This is why it is really crucial that you not count totally on a seller's word, but rather, make use of the seller's solution combined with your overall due diligence. This will paint a much more practical picture of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans in order to cover points such as stock, payroll, accounts payable, and so on. Remember that in some cases this can suggest that profit margins are too small. Numerous organisations fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be fulfilled or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location draw in new consumers? Many times, businesses have repeat clients, which develop the core of their day-to-day revenues. Particular variables such as brand-new competition sprouting up around the area, road construction, as well as staff turnover can affect repeat consumers and adversely affect future incomes. One essential thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business often, the better the chance to develop a returning client base. A final idea is the general area demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? Exactly how might the regional average household income effect future earnings prospects?