Listing ID: 78567
Pond filtration systems manufacturing and sales. Proprietary products and Made in USA production. Very minimal marketing currently – could be expanded with right strategy, particularly an e-commerce savvy owner. Both retail and wholesale.
This business has manufactured filters for ornamental pond / water garden customers since the 1980s and has been involved in thousands of commercial, government and residential applications.
Purchaser could operate from current premises or move entire operation elsewhere. Someone with aquarium or water garden design and installation experience would be ideal, though an online retailer could leverage the existing intellectual capital and product line to help this business reach its full potential.
Please inquire for more details.
- Asking Price: $120,000
- 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 kinds of reasons individuals decide to sell operating businesses. Nevertheless, the genuine factor vs the one they tell you may be 2 completely different things. As an example, they might say "I have way too many other obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may just be reasons to try to conceal the reality of transforming demographics, increased competitors, recent decrease in revenues, or an array of various other factors. This is why it is really essential that you not rely absolutely on a vendor's word, however instead, use the vendor's solution in conjunction with your general due diligence. This will repaint an extra sensible image of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Many businesses take out loans with the purpose of covering things like supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can mean that profit margins are too thin. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that should be met or might lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location bring in new clients? Many times, companies have repeat customers, which form the core of their daily revenues. Particular elements such as brand-new competitors sprouting up around the location, roadway building and construction, and staff turnover can impact repeat consumers and also negatively impact future profits. One important point to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the greater the chance to develop a returning customer base. A last idea is the general location demographics. Is the business located in a largely populated city, or is it situated on the edge of town? How might the local typical family income influence future earnings prospects?