Listing ID: 76362
This established business offers pet teeth cleaning services via remote clinics at pet supply stores, kennels, day-cares, and other pet related businesses. The Business has been in operation for 20 years and has built a strong reputation and customer pipeline to ensure future revenue and growth. The Business requires veterinarian oversight at the remote clinics and has a tenured staff in place. This business has been lender pre-qualified, which means you could own a business cash flowing over $340k for only 10% down! The current owners are willing to help with the transition and partial seller financing is available to a well-qualified buyer.
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!
- Asking Price: $945,000
- Cash Flow: $340,650
- Gross Revenue: $836,668
- EBITDA: N/A
- FF&E: $3,000
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
500 SF in an office building
Yes, 4 weeks.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals choose to sell businesses. Nonetheless, the genuine reason vs the one they tell you may be 2 totally different things. For instance, they may claim "I have too many other commitments" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may simply be excuses to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in revenues, or a range of other factors. This is why it is really important that you not depend absolutely on a seller's word, yet instead, utilize the seller's solution combined with your total due diligence. This will paint an extra realistic image of the business's current circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies finance loans so as to cover items such as stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can suggest that revenue 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 also be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that should be satisfied or may cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location attract new consumers? Many times, operating businesses have repeat consumers, which create the core of their everyday revenues. Certain aspects such as brand-new competition growing up around the area, roadway building and construction, and also personnel turn over can impact repeat customers as well as negatively affect future revenues. One important point to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more people that see the business often, the better the opportunity to develop a returning client base. A final idea is the basic location demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood mean household income effect future income potential?