Business Overview

COVID PROOF BUSINESS, B2B ONLY. Very profitable high-quality “commercial vehicle roadside assistance” services designed to get drivers back on the road as quickly as possible. Providing service for all South Florida. Seller is responsible for dispatching and management of accounts. The company is currently working with well known companies such as TARGET, VOLVO, MCDONALDS, FLEETNET. Easily expandible by opening new routes (customers are already asking for new routes). Non compete covers all Florida.

Financial

  • Asking Price: $1,000,000
  • Cash Flow: $434,753
  • Gross Revenue: $767,258
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2015

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Based

Is Support & Training Included:

Seller provides training for 4 weeks with no cost.

Purpose For Selling:

Other business interest

Home Based:

This Business Is Home Based

Additional Info

The venture was founded in 2015, making the business 7 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people choose to sell operating businesses. Nevertheless, the genuine factor vs the one they tell you may be 2 absolutely different things. For instance, they may say "I have a lot of other commitments" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might just be justifications to attempt to hide the reality of transforming demographics, increased competitors, current decrease in revenues, or a variety of various other reasons. This is why it is very important that you not depend totally on a seller's word, yet rather, make use of the seller's response together with your overall due diligence. This will repaint a much more practical picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover things like supplies, payroll, accounts payable, and so on. Remember that sometimes this can mean that profit margins are too thin. Numerous 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 take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that should be met or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location bring in new customers? Many times, operating businesses have repeat clients, which form the core of their daily earnings. Particular elements such as new competitors growing up around the area, road building and construction, and personnel turn over can affect repeat consumers as well as negatively affect future profits. One important point to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business often, the higher the chance to construct a returning customer base. A final idea is the basic area demographics. Is the business placed in a largely populated city, or is it located on the outside border of town? Just how might the neighborhood mean family earnings influence future earnings potential?