Listing ID: 79311
Unfortunately, due to these trying times during a Pandemic, we are thankful to have companies like this. What they do; Disinfecting Surfaces Against Bacteria, Viruses & Fungus USING Non-Chlorine Based & Environmentally Friendly Disinfectants Electrostatic, Fogging & Spray Application Wipe Down Services, Available No Discoloration, Will Not Cloud or Fog Mirrors/Glass Safe on Electronics. They offer daily services to Restaurants, Gym’s, Country Clubs, Churches, Salons, Boutiques, Medical Facilities, Warehouses, Grocery Stores, Movie Theaters, ETC. The business is growing daily, and this is a needed service that will be here for many years to come. Please refer to listing 7301517457, Business Broker John Devries 772 260-7647 when you inquire about this listing
- Asking Price: $110,250
- Cash Flow: $56,061
- Gross Revenue: $87,360
- EBITDA: N/A
- FF&E: $25,000
- Inventory: $1,000
- Inventory Included: Yes
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
2 weeks training at no cost
Non Compete : Miles: 10 Years: 2
The business is growing daily, and this is a needed service that will be here for many years to come.
This Business Is Home Based
The venture was established in 2019, making the business 3 years old.
The transaction does include inventory valued at $1,000, which is included in the asking price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people resolve to sell companies. Nonetheless, the real factor vs the one they say to you might be 2 totally different things. As an example, they may state "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may just be excuses to attempt to conceal the reality of transforming demographics, increased competitors, current decrease in incomes, or a variety of other reasons. This is why it is extremely important that you not count entirely on a seller's word, yet instead, utilize the vendor's solution in conjunction with your total due diligence. This will paint a much more sensible image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many operating businesses take out loans in order to cover items like supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that earnings margins are too tight. Many businesses fall into 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 might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that need to be satisfied or may cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area draw in brand-new consumers? Often times, companies have repeat customers, which develop the core of their daily revenues. Specific variables such as brand-new competition sprouting up around the location, roadway building, and employee turnover can influence repeat customers as well as negatively affect future revenues. One essential point to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business often, the greater the chance to develop a returning customer base. A last thought is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? How might the neighborhood average family earnings impact future revenue potential?