Listing ID: 77512

Business Overview

This long term local copy and shipping center with loyal neighborhood and business customers. This is an easy to run business with systems set up for shipping and delivery. The owner also provides an added feature for mailbox rentals and larger rental storage units which account for additional income. The owner does not advertise, but the location has 5 star reviews. This is a perfect opportunity for a buyer who is looking for a turn-key business, or can hire employees to run business.

Financial

  • Asking Price: $120,000
  • Cash Flow: N/A
  • Gross Revenue: $228,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

owner is ready to retire

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell operating businesses. Nevertheless, the genuine factor vs the one they tell you might be 2 absolutely different things. As an example, they might say "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might simply be justifications to try to conceal the reality of altering demographics, increased competitors, recent reduction in profits, or a variety of other factors. This is why it is really crucial that you not count absolutely on a seller's word, yet rather, utilize the vendor's solution together with your total due diligence. This will repaint a much more practical picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies take out loans so as to cover points like supplies, payroll, accounts payable, and so on. Remember that occasionally this can mean that revenue margins are too thin. Many organisations come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that have to be satisfied or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area draw in brand-new clients? Most times, companies have repeat clients, which form the core of their day-to-day earnings. Certain elements such as new competitors growing up around the area, roadway building, as well as staff turnover can impact repeat consumers and adversely influence future incomes. One crucial point to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business often, the higher the opportunity to construct a returning customer base. A last thought is the general location demographics. Is the business situated in a densely populated city, or is it located on the edge of town? Exactly how might the regional typical house income influence future earnings potential?