Listing ID: 76658
Business Overview
UPDATE: COVID-19 safe business. In fact, business is growing!
SBA PRE-APPROVED
HUGE OPPORTUNITY! $40 Billion Supplements, Vitamins, and Nutraceuticals market…. Established in 1973, this company is a wholesale distributor of value priced all natural nutritional supplements and herbs. 95% of their business in co-packing / white labeling for other retailers. Every product is all natural and/or organic in origin and manufactured to meet or exceed GMP standards.
Opportunities: Get a website, modernize the ordering process, & add marketing (currently none).
Financial
- Asking Price: $1,490,000
- Cash Flow: $400,000
- Gross Revenue: $1,700,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $250,000
- Inventory Included: N/A
- Established: 1973
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:4,000
- Lot Size:N/A
- Total Number of Employees:10
- Furniture, Fixtures and Equipment:N/A
Yes, as needed
Retirement
Additional Info
The company was founded in 1973, making the business 49 years old.
The sale won't include inventory valued at $250,000*, which ins't included in the asking price.
The company has 10 employees and resides in a building with disclosed square footage of 4,000 sq ft.
The building is leased by the business for $4,000 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell companies. However, the genuine factor vs the one they tell you might be 2 entirely different things. As an example, they may say "I have too many other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might simply be justifications to try to hide the reality of changing demographics, increased competition, recent decrease in earnings, or a variety of other factors. This is why it is really vital that you not depend totally on a seller's word, yet instead, use the vendor's response combined with your overall due diligence. This will repaint a more reasonable picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses take out loans with the purpose of covering items such as inventory, payroll, accounts payable, and so on. Remember that sometimes this can suggest that profit margins are too tight. Many companies 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 obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that must be satisfied or might result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area bring in brand-new customers? Most times, companies have repeat customers, which create the core of their day-to-day earnings. Particular elements such as new competition sprouting up around the location, road building and construction, and also staff turnover can affect repeat clients and also adversely influence future earnings. One vital thing to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business often, the higher the opportunity to develop a returning customer base. A final thought is the general area demographics. Is the business located in a densely populated city, or is it located on the outside border of town? Just how might the neighborhood median household earnings influence future revenue prospects?
