Listing ID: 76318
General Contractor (GC) managing the production of textile products, primarily plate carriers (bulletproof vests) in the US and Mexico. In addition to textiles the Business is also near-shoring several product lines including survival gear and personal protection devices. They are the solution for companies that don’t want to spend significant capital and amount of time identifying, engaging, and managing manufacturing resources.
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- Asking Price: $3,500,000
- Cash Flow: $199,204
- Gross Revenue: $1,414,541
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
This Business Is Home Based
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell operating businesses. Nonetheless, the real factor and the one they say to you might be 2 completely different things. As an example, they may state "I have a lot of various obligations" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might simply be excuses to attempt to conceal the reality of changing demographics, increased competitors, recent decrease in incomes, or a range of various other reasons. This is why it is extremely important that you not depend totally on a seller's word, however instead, use the vendor's answer in conjunction with your total due diligence. This will paint an extra sensible picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Many companies borrow money so as to cover things like stock, payroll, accounts payable, etc. Remember that occasionally this can mean that revenue margins are too tight. Many businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be satisfied or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area draw in brand-new consumers? Most times, businesses have repeat clients, which form the core of their day-to-day revenues. Certain aspects such as new competition sprouting up around the location, roadway construction, as well as staff turn over can impact repeat consumers and negatively influence future profits. One important point to think about is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business on a regular basis, the greater the possibility to develop a returning customer base. A final thought is the general location demographics. Is the business located in a densely populated city, or is it located on the outside border of town? Exactly how might the neighborhood median house income influence future earnings potential?