Listing ID: 78866
Mobile Business – Have your repair shop travel with you – Repair Leather, Vinyl, Cloth, Hard Plastic, Carpet, Steering Wheels, Windshields. Yes all services are offered – Established Customer Routes
Price Includes :
The average service technician will earn $60-$100 per hour – this is a fantastic opportunity to be trained at a skill you will develop and learn for a lifetime. The sales numbers shown below are examples of what can be earned by a technician working 30 hours per week – sound good to you ?
- Asking Price: $79,000
- Cash Flow: $68,000
- Gross Revenue: $85,000
- EBITDA: N/A
- FF&E: $4,500
- Inventory: $4,250
- Inventory Included: N/A
- Established: 2002
- 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
2 Weeks / With additional Support for One Year
This is an opportunity that can expand from Car Dealerships, to Restaurants, Medical Offices, Hospitals, Retail, and many other various industry fields.
The venture was started in 2002, making the business 20 years old.
The transaction shall not include inventory valued at $4,250*, which ins't included in the asking price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell operating businesses. However, the true reason and the one they say to you might be 2 entirely different things. As an example, they might state "I have too many other commitments" or "I am retiring". For many sellers, these reasons stand. However, for some, these might simply be reasons to try to hide the reality of changing demographics, increased competition, current decrease in revenues, or a range of other reasons. This is why it is really crucial that you not rely entirely on a seller's word, yet instead, make use of the vendor's solution along with your overall due diligence. This will paint a much more realistic picture of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Many businesses finance loans with the purpose of covering things such as inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can suggest that revenue margins are too thin. Many companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that need to be met or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location draw in new consumers? Many times, businesses have repeat customers, which create the core of their everyday earnings. Certain variables such as new competitors sprouting up around the location, roadway building, as well as staff turn over can impact repeat consumers and also adversely influence future earnings. One important thing to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business regularly, the greater the chance to construct a returning client base. A final thought is the basic area demographics. Is the business placed in a densely populated city, or is it located on the edge of town? Just how might the local median household earnings impact future earnings prospects?