Business Overview

Exploding multiple income business that is completely Turn-Key and walk in ready. With seller financing options available in this expanding market, this business is sure to be a great business for a new owner!

Financial

  • Asking Price: $129,000
  • Cash Flow: $45,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $20,000
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

After 45 years of running a successful fence business in Florida, John moved to Effingham county and started Veterans Fence Company. Veterans Fence Company has become one of the most popular and called upon fence companies in the county. Grown into 3 full time employees who do the building and the bidding, this has been built to a turn key operation.

Is Support & Training Included:

8 weeks

Purpose For Selling:

retirement

Pros and Cons:

The competition in Effingham County is decreasing, most being ran from a pickup truck, and a facebook page. This business has not only a real building with vehicle traffic and visibility, but also a booming facebook page and billboards, the phones are constantly ringing with new business.

Opportunities and Growth:

Effingham County is exploding in growth, with hundreds of new housing units being built and thousands in the Effingham County growth plan, the demand for Fences is going to rise this year and beyond! 1 acre lot with a block building and metal roof

Additional Info

The company was founded in 2019, making the business 3 years old.
The deal shall not include inventory valued at $20,000*, which ins't included in the requested price.

The business has 3 employees and is situated in a building with approx. square footage of 1,500 sq ft.
The building is leased by the business for $1,200 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell companies. Nonetheless, the true factor vs the one they tell you may be 2 entirely different things. For instance, they may claim "I have way too many various commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these may just be reasons to attempt to conceal the reality of changing demographics, increased competition, current reduction in revenues, or a variety of other factors. This is why it is really important that you not depend totally on a vendor's word, but rather, make use of the seller's response combined with your total due diligence. This will repaint a more realistic picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Many operating businesses borrow money in order to cover things like inventory, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that profit margins are too tight. Lots of companies fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that need to be satisfied or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location bring in brand-new consumers? Most times, companies have repeat consumers, which form the core of their daily revenues. Particular factors such as brand-new competitors sprouting up around the area, road building, and staff turnover can affect repeat customers as well as negatively influence future profits. One essential thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business often, the higher the chance to construct a returning client base. A last idea is the basic location demographics. Is the business placed in a largely populated city, or is it located on the edge of town? Exactly how might the local typical family earnings influence future earnings prospects?