Business Overview

Established business with excellent growth opportunity! (An SBA-Approved Franchise)

This is an excellent opportunity to own a fun and creative business that offers custom design to the public and B2B opportunities. Multiple revenue streams!

Step into business ownership quickly and successfully!
• Well-known, highly regarded business name
• Moneymaker with immediate growth opportunity
• Great location
• No previous experience needed
• Ongoing training & support

Everything is already established for effective web presence, advertising, social media, and local business marketing.

Financial

  • Asking Price: $115,000
  • Cash Flow: N/A
  • Gross Revenue: $239,516
  • EBITDA: N/A
  • FF&E: $35,000
  • Inventory: $14,517
  • Inventory Included: Yes
  • Established: 2016

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,400
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks training at no cost; plus, additional training by Corporate in Florida

Purpose For Selling:

Time Constraints between two locations.

Opportunities and Growth:

Located in a prime Cobb County location amid Cobb County’s most affluent neighborhoods. The growth potential is at least 200%, if not more. The current growth has been nearly entirely organic. The average dollar amount per sale is among the highest in the franchise and only needs more customers driven into the store by someone in the community.

Additional Info

The business was founded in 2016, making the business 6 years old.
The sale does include inventory valued at $14,517, which is included in the suggested price.

The business has 3 employees and resides in a building with estimated square footage of 1,400 sq ft.
The real estate is leased by the company for $4,132 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell companies. Nonetheless, the real factor and the one they tell you may be 2 absolutely different things. As an example, they might state "I have too many other commitments" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be justifications to try to hide the reality of changing demographics, increased competitors, current reduction in revenues, or an array of other reasons. This is why it is really important that you not rely entirely on a seller's word, but instead, use the seller's solution combined with your total due diligence. This will paint a much more reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of companies borrow money with the purpose of covering things such as inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that earnings margins are too small. Many businesses fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that must be satisfied or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area draw in new consumers? Often times, businesses have repeat customers, which form the core of their everyday revenues. Specific aspects such as brand-new competition growing up around the area, roadway construction, and personnel turnover can affect repeat customers as well as adversely influence future profits. One vital thing to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Certainly, the more individuals that see the business often, the higher the possibility to develop a returning client base. A last thought is the basic location demographics. Is the business situated in a densely populated city, or is it situated on the outside border of town? How might the regional median household income influence future revenue potential?