Listing ID: 77502
Located in the center of the Coachella Valley, this specialized door contractor serves the remodel industry as well as new custom new projects.
The highly trained team of sales, design and installation experts listen to the customers and provide them with stunning upgraded doors and windows for their home projects. Additionally, the big differentiator in this business is the American Made products. Timelines are shorter and client satisfaction is stronger leading to happy customers and great reviews.
C-17 licenses required.
Best suited for an owner operator.
Some seller financing may be considered.
Retail showroom in multi tenant building with shop and warehouse attached.
- Asking Price: $89,900
- Cash Flow: $133,542
- Gross Revenue: $910,288
- EBITDA: N/A
- FF&E: $29,300
- Inventory: $6,500
- Inventory Included: Yes
- Established: 2002
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,200
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
The venture was established in 2002, making the business 20 years old.
The transaction does include inventory valued at $6,500, which is included in the listing price.
The company has 6 employees and resides in a building with estimated square footage of 2,200 sq ft.
The property is leased by the company for $2,360 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people resolve to sell companies. Nevertheless, the real reason vs the one they say to you might be 2 completely different things. For instance, they may claim "I have way too many various obligations" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these may just be excuses to attempt to conceal the reality of transforming demographics, increased competitors, current reduction in incomes, or a range of various other factors. This is why it is very vital that you not count entirely on a vendor's word, but instead, utilize the seller's response together with your total due diligence. This will paint an extra realistic image of the business's current scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses take out loans in order to cover points like supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can mean that earnings margins are too thin. Many businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that need to be fulfilled or might result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location draw in new clients? Many times, companies have repeat customers, which create the core of their daily profits. Specific factors such as new competition sprouting up around the area, roadway building, as well as staff turn over can influence repeat clients as well as negatively impact future revenues. One crucial point to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the higher the possibility to build a returning consumer base. A final thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Just how might the regional typical home earnings influence future income potential?