Business Overview

Founded in 2016, the Company has established a unique market niche by synchronizing its customer cooler and freezer door manufacturing expertise with customized EPS panel and refrigeration options from multiple vendors to provide a turnkey solution for its clients nationwide. The Company’s provides a single end to end solution for its clients by eliminating the hassle of sourcing and coordinating multiple vendors and coordinating the delivery of all components necessary for its customers.
The current Owner purchased the business from its founder in 2019 and has since upgraded the Company’s website while expanding its customer base and improving its sales and profitability. The Company’s customers primarily include industrial warehouses, supermarkets, convenience stores, and restaurants.
Opportunities to expand growth include providing installation services to select clients and implementing a nationwide marketing program. The business can be easily relocated as it is now under a month-to-month lease in approximately 1400 square feet.

Financial

  • Asking Price: $1,034,000
  • Cash Flow: $317,203
  • Gross Revenue: $774,819
  • EBITDA: N/A
  • FF&E: $336,000
  • Inventory: $5,000
  • 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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Business warehouse relocatable; MTM lease (Home Based)

Is Support & Training Included:

up to 3 months

Purpose For Selling:

retirement

Opportunities and Growth:

Additional revenue possible by adding installation services

Home Based:

This Business Is Home Based

Additional Info

The venture was started in 2016, making the business 6 years old.
The transaction will include inventory valued at $5,000, which is included in the asking price.

The business has 1 employees and resides in a building with estimated square footage of 1,400 sq ft.
The real estate is leased by the company for $1,300 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell businesses. Nevertheless, the real factor and the one they tell you might be 2 totally different things. For instance, they may say "I have a lot of other responsibilities" or "I am retiring". For many sellers, these factors stand. But, for some, these may simply be excuses to attempt to hide the reality of transforming demographics, increased competition, current decrease in revenues, or a range of other reasons. This is why it is very essential that you not depend totally on a seller's word, however instead, use the vendor's solution along with your general due diligence. This will paint a more sensible picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many operating businesses finance loans in order to cover items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can imply that earnings margins are too thin. Many businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that need to be met or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location attract brand-new customers? Many times, companies have repeat consumers, which create the core of their day-to-day revenues. Certain variables such as new competition growing up around the location, roadway building and construction, and also staff turn over can impact repeat clients and also negatively impact future profits. One crucial thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business regularly, the higher the opportunity to develop a returning customer base. A last idea is the basic area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Exactly how might the local mean house income influence future earnings prospects?