Listing ID: 79384
The seller wishes to semi-retire and offers a nice business with good equipment for sale. Good customers who pay on time. Equipment includes truck, three trailers and two mowers, plus an ATV and miscellaneous equipment. The route is covered in 4 days and Friday is left to carry out additional work they are asked to do. April- September they have two contractors work with them and during the Autumn and Winter months, October to March, only 1 person. They rent a shop at a cost of only $532.50 per month which also gives them a car port and a sea container for storage. Call for more information.
- Asking Price: $167,500
- Cash Flow: $134,739
- Gross Revenue: $214,565
- EBITDA: N/A
- FF&E: $25,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
2 weeks at zero cost to buyer
The company was established in 2018, making the business 4 years old.
The business has 2 employees and is situated in a building with estimated square footage of N/A sq ft.
The building is leased by the business for $561 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell operating businesses. However, the real factor and the one they say to you might be 2 absolutely different things. For instance, they might say "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be reasons to try to conceal the reality of changing demographics, increased competition, recent decrease in revenues, or a range of other reasons. This is why it is extremely essential that you not rely completely on a vendor's word, but rather, use the vendor's answer along with your total due diligence. This will paint a more practical image of the business's current circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses finance loans with the purpose of covering things like inventory, payroll, accounts payable, so on and so forth. Remember that in some cases this can suggest 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. In addition to debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that should be fulfilled or might lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area attract brand-new clients? Often times, businesses have repeat clients, which create the core of their day-to-day earnings. Particular factors such as new competitors growing up around the location, road building and construction, and also staff turnover can influence repeat clients and negatively affect future incomes. One vital thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business regularly, the better the chance to construct a returning consumer base. A final thought is the general location demographics. Is the business placed in a densely populated city, or is it located on the edge of town? How might the regional average house income impact future earnings prospects?