Listing ID: 76427
This 14-year-old business has terrific employees and is fully staffed. They are Grand Junction’s one-stop shop for all vehicle protection, detailing, and custom enhancement needs. Customers across Colorado’s Western Slope trust them to protect and enhance their prized cars and trucks.
They work for several large car dealerships in the area, have a stellar reputation and have a strong repeat customer base.
This business controls a unique market niche with little competition. They are a market leader in both the industry the community they serve.
They perform some commercial and residential window tinting too, which is a great path for growth.
ADDITIONAL BENEFIT: The real estate is owner owned and can either be leased with a right of first refusal to buy it later, or the real estate may be purchased now.
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- Asking Price: $149,000
- Cash Flow: $74,706
- Gross Revenue: $271,826
- EBITDA: N/A
- FF&E: $4,500
- Inventory: $4,000
- Inventory Included: Yes
- Established: 2008
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:3,475
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Commercial building with 3475 sqft.
Yes, 2 weeks.
The company was established in 2008, making the business 14 years old.
The sale shall include inventory valued at $4,000, which is included in the listing price.
The business has 6 employees and resides in a building with estimated square footage of 3,475 sq ft.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals decide to sell businesses. Nevertheless, the genuine reason vs the one they tell you might be 2 entirely different things. For instance, they might claim "I have too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might simply be excuses to try to conceal the reality of changing demographics, increased competitors, recent decrease in incomes, or an array of other factors. This is why it is extremely essential that you not depend totally on a seller's word, but instead, make use of the seller's response together with your overall due diligence. This will paint a more reasonable image of the business's existing scenario.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Many businesses take out loans in order to cover things like inventory, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that earnings margins are too thin. Numerous organisations come 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 commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that must be fulfilled or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area bring in brand-new clients? Most times, companies have repeat clients, which create the core of their daily revenues. Particular aspects such as new competition growing up around the location, roadway construction, and also personnel turn over can influence repeat clients and adversely affect future earnings. One essential point to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business often, the better the chance to develop a returning customer base. A final thought is the general location demographics. Is the business situated in a densely populated city, or is it situated on the edge of town? Just how might the neighborhood median family income effect future earnings potential?