Listing ID: 77303
High Volume, Well established Window Tint Shop
Rare opportunity to own your own Business, located in Auto Service Center, which includes TINT SHOP, Car Wash, Auto Repair and Tire Center
High Traffic, Over 31,000 CPD near Major St
Growing City – Median Household Income over $110,000 – 3 mile radius
Seller Training included
Broker Co-Op Welcomed
See Attached Flyer For Details
- Asking Price: $168,000
- 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 sorts of reasons why individuals resolve to sell operating businesses. Nevertheless, the genuine factor vs the one they say to you may be 2 entirely different things. As an example, they may state "I have a lot of various commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competition, recent reduction in incomes, or a variety of other reasons. This is why it is extremely important that you not count totally on a seller's word, yet instead, make use of the seller's response together with your general due diligence. This will repaint a more reasonable picture of the business's present scenario.
Existing Debts and Future Obligations
If the current company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Lots of companies finance loans so as to cover things like inventory, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that revenue margins are too tight. Many businesses fall under a revolving door of taking loans as a way to pay back various 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 building where the business resides. The business might have existing agreements with suppliers that must be met or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location attract brand-new customers? Often times, companies have repeat customers, which form the core of their everyday profits. Particular elements such as new competition sprouting up around the area, roadway building, and employee turnover can affect repeat customers and negatively influence future incomes. One essential thing to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business regularly, the higher the possibility to develop a returning consumer base. A final thought is the general area demographics. Is the business situated in a largely inhabited city, or is it situated on the edge of town? Just how might the regional average house income influence future revenue prospects?