Listing ID: 77628
** MONTHLY GROSS: $10,800
** MONTHLY RENT: $ 4,675
** LEASE TERMS: 2
** STORE SIZE: 3,200 SQFT.
** OPEN HOURS: 10 AM- 5PM MON~FRI. CLOSED SAT & SUN.
** OWNER WORK FULL TIME.
** WELL ESTABLISH CLIENTELE.
** BUSINESS IN SAME LOCATION FOR 19 YEARS.
** HIGH PROFIT MARGIN. EASY TO OPERATE.
** TWO COPY MACHINE IS LEASE CHARGE BY THE PAGE.
** 2 LARGE FORMATE PRINTER.2 LAMINATING MACHINE.
** 2 B&W PRINTER.1 COLOR PRINTER.BINDING MACHINE.
** 2 PAPER CUT MACHINE. 1 FAX MACHINE.
** 1 LETTER CUT STICKER MACHINE.
** 1 LARGE FORMATE LAMINATING MACHINE.
- Asking Price: $80,000
- Cash Flow: $72,000
- Gross Revenue: $129,600
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2002
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,200
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Store Size: 3,200 sqft. Lease term:2.
Owner can train and support.
Seller wants to take a break from business.
Easy to simple to operate.
Great for husband and wife team to rotate.
The business was established in 2002, making the business 20 years old.
The property is leased by the business for $4,675 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. However, the genuine reason and the one they tell you might be 2 absolutely different things. As an example, they might state "I have way too many various responsibilities" or "I am retiring". For many sellers, these reasons stand. But also, for some, these might simply be reasons to try to hide the reality of transforming demographics, increased competitors, current reduction in profits, or a range of various other reasons. This is why it is extremely vital that you not count absolutely on a seller's word, however rather, use the seller's answer together with your general due diligence. This will paint a more reasonable picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Many companies finance loans so as to cover things like supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that earnings margins are too thin. Lots of organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that should be met or may lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area bring in brand-new consumers? Most times, businesses have repeat consumers, which create the core of their everyday profits. Certain elements such as brand-new competitors growing up around the location, roadway construction, and also employee turnover can impact repeat clients as well as negatively impact future earnings. One essential point to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business on a regular basis, the greater the opportunity to build a returning consumer base. A final idea is the general location demographics. Is the business situated in a densely inhabited city, or is it located on the outside border of town? Exactly how might the regional typical home income impact future earnings potential?