Business Overview

Great Location, Smog Shop and Window Tint for Lease located inside BUSY-Car Wash. $3,000 per month each or $5,500 per month for both
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$30,000 includes equipment

Financial

  • Asking Price: $30,000
  • 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 people decide to sell businesses. Nonetheless, the true factor and the one they tell you may be 2 entirely different things. As an example, they might state "I have way too many various obligations" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may just be excuses to attempt to conceal the reality of altering demographics, increased competition, recent reduction in profits, or a range of various other factors. This is why it is really vital that you not depend totally on a seller's word, however instead, utilize the seller's solution along with your general due diligence. This will paint an extra realistic image of the business's current situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Many businesses borrow money with the purpose of covering items such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can suggest that earnings margins are too small. Lots of organisations fall into 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 might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that need to be met or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location draw in brand-new clients? Most times, operating businesses have repeat consumers, which develop the core of their everyday earnings. Certain elements such as new competition sprouting up around the location, roadway building, as well as employee turn over can impact repeat clients and adversely affect future earnings. One important thing to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the higher the possibility to construct a returning customer base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Exactly how might the local typical house income influence future earnings prospects?