Listing ID: 76625
Excellent High Volume Liquor Store, store is currently doing around $180,000 in gross sales a month per seller. Long lease is available with excellent terms. Confidential Listing, must sign NDA and show proof of funds to get detailed information.
Buyers Acknowledgment & Broker’s Disclosure: This business opportunity and/or real estate is listed by us and or it’s agent(s) (“Broker and/or it’s agent(s)”). Visitor (“Buyer”) fully understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer’s purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer’s own investigation and that of Buyer’s legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice.
- Asking Price: $1,200,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Why is the Current Owner Selling The Business?
There are all types of reasons individuals resolve to sell companies. However, the real reason and the one they tell you might be 2 totally different things. For instance, they might say "I have too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be excuses to attempt to hide the reality of altering demographics, increased competitors, current decrease in earnings, or a variety of various other reasons. This is why it is very crucial that you not count completely on a seller's word, yet instead, utilize the vendor's response combined with your general due diligence. This will paint an extra practical picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Many operating businesses finance loans with the purpose of covering items like supplies, payroll, accounts payable, and so on. Bear in mind that in some cases this can indicate that revenue margins are too small. Many businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that must be satisfied or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area bring in brand-new clients? Many times, companies have repeat clients, which develop the core of their daily revenues. Certain aspects such as brand-new competition growing up around the location, road construction, and also employee turn over can impact repeat clients as well as negatively impact future profits. One important point to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business often, the greater the chance to build a returning customer base. A final idea is the general area demographics. Is the business located in a densely populated city, or is it situated on the edge of town? How might the regional mean household earnings impact future earnings potential?