Listing ID: 76896
This is a truly unique opportunity to acquire a well-established, turn-key welding & gas supplier business in the Coachella Valley. This 45-year-old, profitable business is well-known for its outstanding customer service and has no direct competition. The business provides industrial gases to variety of commercial, wholesale & residential, steel products for a variety of industrial uses, beverage carbonation, and cannabis cultivation supplies. The store is spacious, very organized and stocked with a variety of retail items. The business has a steady flow of regular, long-term clients that produce passive reoccurring income monthly, as well as consistently receiving new clients by word of mouth. The business has a 2020 Isuzu NQR Truck and 2006 Chevy Van, which are used by employees to deliver product & supplies to customers. Inventory valued at $325,000 and is not included in the sale price. The business is poised for growth as currently there is no marketing being done to promote the business to new customers. This is a perfect opportunity for an existing industrial gas company looking to grow through acquisition or for a buyer looking to take this business to the next level! Inquire Now! Email inquiries to: email@example.com
- Asking Price: $599,000
- Cash Flow: $399,698
- Gross Revenue: $1,330,555
- EBITDA: N/A
- FF&E: $175,000
- Inventory: $325,000
- Inventory Included: N/A
- Established: 1976
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
This business has a leased location of 4,500 square feet. The seller is active in business with 2 FT employee. Hours of operation are 7:30 - 4:30 / 9:00 - 12:00 - Monday - Friday / Saturday. Included in asking price - $175,000 in equipment and fixtures.
Moving out of State
The venture was founded in 1976, making the business 46 years old.
The deal doesn't include inventory valued at $325,000*, which ins't included in the listing price.
The business has 2 FT employees and resides in a building with approx. square footage of N/A sq ft.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell businesses. Nonetheless, the true reason vs the one they say to you may be 2 completely different things. As an example, they might say "I have way too many various obligations" or "I am retiring". For many sellers, these reasons stand. However, for some, these may simply be excuses to try to hide the reality of transforming demographics, increased competitors, current reduction in profits, or a variety of various other reasons. This is why it is very vital that you not depend absolutely on a vendor's word, but rather, utilize the vendor's response in conjunction with your general due diligence. This will paint an extra realistic image of the business's present situation.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Many operating businesses take out loans in order to cover items such as supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can suggest that revenue margins are too thin. Many companies come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that must be met or might cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location bring in brand-new clients? Most times, businesses have repeat customers, which create the core of their everyday revenues. Particular elements such as new competitors growing up around the area, roadway building, and also personnel turnover can influence repeat clients and also negatively affect future earnings. One crucial thing to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more people that see the business regularly, the higher the possibility to develop 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 outskirts of town? Just how might the neighborhood typical family earnings effect future revenue prospects?