Listing ID: 79111
This thriving lawn, garden and pet supply business with real estate is for sale after decades of ownership and consistent growth. Located in a busy town in beautiful Grafton County, NH this business has a loyal following of customers. Product knowledge and customer service set the business apart from the competition. Strong cash flow with tenured, knowledgeable staff.
- Asking Price: $1,250,000
- Cash Flow: $184,515
- Gross Revenue: $1,574,982
- EBITDA: N/A
- FF&E: N/A
- Inventory: $300,000
- Inventory Included: N/A
- Established: 1981
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:4,700
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
4,700 +/- Retail Store.
As needed / To Be Negotiated.
Currently small percentage of internet based sales, immediate opportunity for additional revenue through internet based sales.
The business was established in 1981, making the business 41 years old.
The deal doesn't include inventory valued at $300,000*, which ins't included in the requested price.
The business has 3FT 3PT employees and is located in a building with estimated square footage of 4,700 sq ft.
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell operating businesses. Nonetheless, the true reason vs the one they tell you may be 2 totally different things. As an example, they may claim "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may simply be justifications to attempt to hide the reality of changing demographics, increased competition, current decrease in revenues, or a variety of various other factors. This is why it is very crucial that you not count entirely on a seller's word, however rather, make use of the seller's response along with your general due diligence. This will repaint a much more practical picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses finance loans with the purpose of covering things such as stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can suggest that revenue margins are too tight. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to 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 must be met or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area attract brand-new consumers? Most times, businesses have repeat customers, which form the core of their day-to-day profits. Particular factors such as brand-new competition growing up around the area, road building and construction, and also personnel turnover can affect repeat clients and also adversely influence future profits. One crucial point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business often, the higher the possibility to build a returning client base. A final idea is the general area demographics. Is the business placed in a largely inhabited city, or is it located on the edge of town? Just how might the local mean household income impact future revenue potential?