Listing ID: 76500
This established business offers a diverse range of high-demand services such as final mile household and commercial delivery, and warehousing. Skilled workers, a tenured dispatch team, upgraded processes/procedures, and equipment are already in place. They have a well-maintained fleet of trucks, ample warehouse & office space with docks for loading/unloading, and easy access to all major freeways. Seller is selling to focus on a new synergistic business that collaborates with this business, making the profitability much greater in 2021 and going forward for the future owner.
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- Asking Price: $349,000
- Cash Flow: $117,404
- Gross Revenue: $1,395,597
- EBITDA: N/A
- FF&E: $100,000
- 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:13
- Furniture, Fixtures and Equipment:N/A
Warehouse / Office space with 43000 sqft.
Yes, 2 weeks.
Other Business Interests
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals decide to sell businesses. However, the real factor and the one they tell you might be 2 absolutely different things. As an example, they might claim "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may just be justifications to attempt to hide the reality of changing demographics, increased competition, current reduction in revenues, or a range of various other factors. This is why it is extremely important that you not depend completely on a vendor's word, but instead, use the seller's response in conjunction with your total due diligence. This will repaint a more realistic image of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses take out loans with the purpose of covering points such as supplies, payroll, accounts payable, etc. Remember that occasionally this can imply that profit margins are too thin. Many organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be fulfilled or might cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location draw in brand-new clients? Often times, operating businesses have repeat clients, which develop the core of their daily profits. Specific aspects such as new competition sprouting up around the area, roadway building, and also personnel turn over can impact repeat consumers and negatively impact future profits. One vital thing to consider is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business often, the greater the chance to build a returning client base. A final idea is the basic location demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? Just how might the regional median home earnings influence future income prospects?