Listing ID: 78868
40+ years of success in western New Hampshire. Primary business is printing and signs. Business also does truck lettering, banners, labels, digital printing, engraving and fabricating. Excellent long term lease available, 5 employees.
- Asking Price: $600,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 1980
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,110
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
Leased 3110 sq ft building with additional 640 sq ft attached garage.
The venture was established in 1980, making the business 42 years old.
The business has 5 employees and resides in a building with estimated square footage of 3,110 sq ft.
The property is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell companies. However, the genuine reason and the one they tell you may be 2 entirely different things. For instance, they may claim "I have way too many other commitments" or "I am retiring". For many sellers, these factors stand. However, for some, these might just be justifications to try to hide the reality of changing demographics, increased competitors, recent decrease in earnings, or an array of other reasons. This is why it is extremely vital that you not count completely on a seller's word, but instead, utilize the seller's response together with your total due diligence. This will paint an extra sensible picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money with the purpose of covering items like stock, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can mean that profit margins are too thin. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that should be satisfied or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in brand-new customers? Most times, companies have repeat consumers, which create the core of their everyday profits. Particular aspects such as new competitors growing up around the area, roadway construction, as well as personnel turnover can impact repeat clients and adversely influence future incomes. One important thing to think about is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the greater the chance to build a returning customer base. A last thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Just how might the local typical house earnings impact future revenue potential?