Listing ID: 77000
This is a unique opportunity to acquire a profitable window screen installation and repair company in Los Angeles County! The Company installs and repairs screens for residential and commercial windows and doors all over Los Angeles and Ventura County! The business has an established reputation that has been built up for over 50 years! All inventory and equipment are included in the sale! This is a perfect opportunity for another window screen service business to grow through expansion or a buyer with a construction or service industry background and applicable skills looking to own their own business! Call Today!
- Asking Price: $185,000
- Cash Flow: $114,420
- Gross Revenue: $464,364
- EBITDA: N/A
- FF&E: $56,200
- Inventory: $75,000
- Inventory Included: Yes
- Established: 1964
- 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 business was founded in 1964, making the business 58 years old.
The sale does include inventory valued at $75,000, which is included in the requested price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell companies. However, the genuine reason vs the one they tell you may be 2 entirely different things. As an example, they may state "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might simply be excuses to attempt to hide the reality of transforming demographics, increased competitors, recent decrease in incomes, or a variety of other reasons. This is why it is extremely important that you not rely absolutely on a seller's word, but rather, use the seller's solution along with your total due diligence. This will repaint an extra realistic image of the business's existing scenario.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies borrow money so as to cover things such as inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that profit margins are too small. Many businesses fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that should be satisfied or might result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in new customers? Most times, companies have repeat customers, which develop the core of their day-to-day profits. Certain elements such as brand-new competitors growing up around the area, road building, and staff turnover can affect repeat customers and also negatively influence future earnings. One vital point to think about is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business often, the better the possibility to build a returning customer base. A final thought is the basic location demographics. Is the business located in a densely inhabited city, or is it situated on the outskirts of town? How might the local average household earnings influence future earnings potential?