Business Overview

This established business of 30 years has over five retail store locations multiple delivery routes and a plant to handle volume and ensure quality. There is an established client list and highly trained and tenured management and staff in place.

Business Priced at 1x Revenue in 2020. The SDE number shown is a three-year average of performance prior to Covid-19. 2021 is trending back towards prior performance as the economy opens back up.

Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Financial

  • Asking Price: $1,211,314
  • Cash Flow: $340,141
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1991

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:22
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

5 locations, in strip malls.

Is Support & Training Included:

Yes, 6 weeks.

Purpose For Selling:

Retirement.

Additional Info

The company was started in 1991, making the business 31 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell businesses. Nonetheless, the genuine factor and the one they tell you might be 2 totally different things. For instance, they might say "I have too many other commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might simply be reasons to try to conceal the reality of changing demographics, increased competition, recent reduction in incomes, or a range of various other factors. This is why it is really important that you not rely absolutely on a seller's word, yet rather, utilize the vendor's solution together with your total due diligence. This will paint a much more reasonable picture of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies finance loans in order to cover things like inventory, payroll, accounts payable, and so on. Remember that in some cases this can imply that earnings margins are too small. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that have to be fulfilled or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location draw in brand-new clients? Often times, businesses have repeat consumers, which develop the core of their daily revenues. Certain factors such as brand-new competition sprouting up around the area, road building and construction, and also personnel turn over can affect repeat customers and also negatively influence future earnings. One crucial thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business often, the better the possibility to construct a returning customer base. A last thought is the basic area demographics. Is the business placed in a densely inhabited city, or is it situated on the outskirts of town? Exactly how might the neighborhood typical household income effect future earnings prospects?