Business Overview

Jacksonville’s leading water softener system distributor and servicer. This fast-growing company services, installs, and supplies customers with all water treatment equipment. Recurring revenue from salt and filter deliveries. This will not last long, so call the broker today. NDA and Buyer Profile Required. Please refer to listing number 7101-500802 and advisor John Zarou when inquiring on this listing.

Financial

  • Asking Price: $1,295,000
  • Cash Flow: $263,560
  • Gross Revenue: $994,341
  • EBITDA: N/A
  • FF&E: $75,000
  • Inventory: $30,000
  • Inventory Included: Yes
  • Established: 2010

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:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Type of Location Commercial Facilities Monthly Rent $1,600.00 Square Units (Foot, Meter) 1,750 Lease Expiration Date March 31, 2023, 12:00:00 AM Terms Options Available

Is Support & Training Included:

Seller will train for 8 weeks at no cost

Purpose For Selling:

Family

Pros and Cons:

Non Compete 100 miles 3 Years

Additional Info

The company was founded in 2010, making the business 12 years old.
The transaction shall include inventory valued at $30,000, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell businesses. Nevertheless, the true reason and the one they say to you may be 2 entirely different things. For instance, they may claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might just be justifications to try to hide the reality of transforming demographics, increased competitors, recent decrease in incomes, or a range of other factors. This is why it is really crucial that you not depend totally on a vendor's word, yet rather, make use of the seller's answer along with your general due diligence. This will repaint a more practical image of the business's existing situation.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses finance loans in order to cover points like stock, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that revenue margins are too small. Many companies come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that must be met or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area attract new clients? Often times, operating businesses have repeat consumers, which form the core of their day-to-day earnings. Certain elements such as brand-new competition sprouting up around the location, roadway building, as well as staff turnover can affect repeat consumers and also adversely impact future earnings. One essential point to think about is the placement 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 on a regular basis, the higher the possibility to develop a returning client base. A final thought is the general area demographics. Is the business located in a largely populated city, or is it situated on the edge of town? Just how might the neighborhood mean family earnings influence future earnings potential?