Listing ID: 79284
Ten-plus years of success. They distribute dry goods to private as major brand grocers. The owner makes the deliveries but a new owner could focus on growing the business and have a part-time driver(s) make the deliveries.
Get more details: Text BuyBizUSA to 22828
One of the few businesses with lender financing. Get in for 20% down and pay over 10 years if you qualify. We have some banks in place if you. prefer;
- Asking Price: $449,900
- Cash Flow: $150,000
- Gross Revenue: $900,000
- EBITDA: N/A
- FF&E: $40,000
- Inventory: $100,000
- Inventory Included: N/A
- Established: 1999
- 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
Can be moved easily. Rents simple warehouse space. Loading doc. No refrigeration.
Will provide 4 weeks
Wants to enjoy traveling and family visits
Has a very unique set of clients and a special niche.
They have a list of ideas and things to consider. Send your NDA and info and we will share a detailed business review with that information.
The business was founded in 1999, making the business 23 years old.
The transaction shall not include inventory valued at $100,000*, which ins't included in the listing price.
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell businesses. Nevertheless, the real factor and the one they say to you may be 2 entirely different things. As an example, they might claim "I have too many various obligations" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be reasons to try to conceal the reality of changing demographics, increased competition, recent reduction in revenues, or a range of various other reasons. This is why it is very essential that you not count absolutely on a vendor's word, yet instead, use the seller's response along with your overall due diligence. This will repaint a more sensible picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies finance loans so as to cover points like supplies, payroll, accounts payable, and so on. Remember that in some cases this can imply that profit margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that should be fulfilled or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location bring in new clients? Most times, companies have repeat clients, which form the core of their everyday profits. Particular factors such as brand-new competition growing up around the location, roadway construction, as well as employee turnover can influence repeat clients and adversely influence future earnings. One crucial point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the higher the chance to construct a returning customer base. A final idea is the general location demographics. Is the business situated in a densely inhabited city, or is it situated on the edge of town? Just how might the local typical house income influence future earnings prospects?