Business Overview

Boost mobile business for sale and also has additional sources of income

Financial

  • Asking Price: $80,000
  • Cash Flow: $40,000
  • Gross Revenue: $1,000,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $15,000
  • Inventory Included: Yes
  • Established: 2007

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,200
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Additional Info

The company was started in 2007, making the business 15 years old.
The deal will include inventory valued at $15,000, which is included in the suggested price.

The building is leased by the company for $3,500 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people choose to sell companies. Nonetheless, the real reason and the one they tell you might be 2 entirely different things. For instance, they may say "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may simply be reasons to attempt to hide the reality of changing demographics, increased competition, current decrease in revenues, or an array of various other reasons. This is why it is extremely crucial that you not rely entirely on a seller's word, however instead, use the vendor's answer in conjunction with your total due diligence. This will repaint an extra sensible picture of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Many businesses borrow money so as to cover points like supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that earnings margins are too thin. Lots of companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be satisfied or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in brand-new customers? Most times, operating businesses have repeat clients, which create the core of their everyday profits. Specific elements such as new competition growing up around the area, roadway construction, and also personnel turnover can impact repeat consumers and also adversely influence future earnings. One essential thing to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the higher the possibility to build a returning customer base. A last idea is the general location demographics. Is the business located in a densely populated city, or is it located on the edge of town? How might the regional typical family earnings impact future income potential?