Business Overview

Commercial Fleet Vehicle Services Company, Price $2,800,000:

Very profitable company with high repeat business specializes in large volume vehicle titling and registration services. Company works for a wide variety of national companies helping them fleet vehicle work in Georgia. Companies partnered with include fleet management, leasing companies, dealerships and more. Excellent growth opportunities with current and future customers. Well trained staff in place for an easy transition to a new owner.

Financial

  • Asking Price: $2,800,000
  • Cash Flow: $632,115
  • Gross Revenue: $1,083,639
  • EBITDA: N/A
  • FF&E: $35,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1995

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,100
  • Lot Size:N/A
  • Total Number of Employees:9
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

30 days

Purpose For Selling:

other interests

Additional Info

The venture was established in 1995, making the business 27 years old.

The company has 9 employees and is situated in a building with disclosed square footage of 1,100 sq ft.
The building is leased by the business for $2,070 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals resolve to sell businesses. Nevertheless, the true factor and the one they say to you might be 2 completely different things. For instance, they might say "I have a lot of other responsibilities" or "I am retiring". For many sellers, these factors are valid. But, for some, these may simply be justifications to try to hide the reality of transforming demographics, increased competitors, recent reduction in earnings, or a variety of various other factors. This is why it is extremely essential that you not rely entirely on a vendor's word, but instead, make use of the seller's response along with your total due diligence. This will repaint a more sensible picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money with the purpose of covering points like inventory, payroll, accounts payable, and so on. Remember that sometimes this can mean that revenue margins are too small. Numerous organisations come 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 take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be satisfied or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in brand-new clients? Many times, businesses have repeat consumers, which develop the core of their day-to-day revenues. Specific aspects such as new competitors growing up around the location, road building, and also personnel turn over can influence repeat clients and also negatively influence future revenues. One important thing to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business on a regular basis, the higher the chance to build a returning consumer base. A final idea is the general location demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Exactly how might the regional median home income influence future income prospects?