Listing ID: 76827
Here is a one-of-a-kind, seven-figure-generating, CASH COW financial consulting company! Located in Beverly Hills, CA, the company specializes in consulting services to assist business owners and entrepreneurs obtain business loans to finance their companies and new ventures. The company’s strategic corporate funding advisory service includes a proprietary program to prepare a company for funding, plus a myriad of supporting business services offered through the company’s referral partners to deliver the best results to its clients. Serving sophisticated corporate and entrepreneurial clientele, the company is an expert at helping business owners navigate the muddy waters of business bank loans. Clients turn to the company when they are unable to secure business funding on their own. The company advises entrepreneurs on how to prepare their companies to obtain the business financing they need to grow their dreams into realities. Inventory is included in the sale, which has a wholesale cost value of approx. $500,000 and an estimated retail sales value of $1,250,000+. Also included in the sale are A/R of approx. $932K. This company is ideal for any entrepreneur with an interest in financial services consulting. Per Seller, the entire business model and operation can be learned by a buyer in under two weeks. Seller is willing to stay on for a longer transition period if needed. Seller financing may be available for a qualified buyer, or a purchase price discount is available for Crypto Currency forms payment! Call now or email inquiries to: firstname.lastname@example.org.
- Asking Price: $2,500,000
- Cash Flow: $1,105,127
- Gross Revenue: $1,465,728
- EBITDA: N/A
- FF&E: $2,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2007
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
The company was started in 2007, making the business 15 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell companies. Nonetheless, the true factor and the one they say to you may be 2 totally different things. As an example, they may claim "I have a lot of various obligations" or "I am retiring". For many sellers, these reasons are valid. But, for some, these may simply be reasons to attempt to conceal the reality of changing demographics, increased competitors, current decrease in earnings, or a range of other factors. This is why it is very important that you not rely completely on a seller's word, but instead, make use of the seller's response in conjunction with your general due diligence. This will paint a much more reasonable picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Many companies finance loans so as to cover points like supplies, payroll, accounts payable, etc. Remember that occasionally this can mean that earnings margins are too tight. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that need to be met or might lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location draw in brand-new consumers? Many times, businesses have repeat customers, which develop the core of their everyday revenues. Specific variables such as brand-new competition growing up around the area, road building and construction, as well as staff turn over can impact repeat customers and also negatively impact future profits. One essential point to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the better the chance to build a returning client base. A last thought is the general location demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the regional typical home income effect future revenue prospects?