Business Overview

Excellent operating systems and training have resulted in award winning reviews. Absentee owner. Stable, well paid staff. Prime location.

Financial

  • Asking Price: $450,000
  • Cash Flow: $140,000
  • Gross Revenue: $750,000
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: $35,000
  • Inventory Included: Yes
  • Established: 2012

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,000
  • Lot Size:N/A
  • Total Number of Employees:8
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Beautiful historic building in high traffic area. Business occupies first floor and half of second. Attractive reception area with retail products. Treatment rooms are clean and well equipped.

Purpose For Selling:

Out of state owner is selling to focus on other businesses.

Opportunities and Growth:

Steady growth.

Additional Info

The company was started in 2012, making the business 10 years old.
The transaction will include inventory valued at $35,000, which is included in the requested price.

The business has 8 employees and is situated in a building with disclosed square footage of 2,000 sq ft.
The building is leased by the business for $4,200 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell operating businesses. However, the real reason vs the one they tell you may be 2 totally different things. As an example, they may claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be excuses to attempt to conceal the reality of changing demographics, increased competition, current reduction in profits, or a range of various other factors. This is why it is really essential that you not depend entirely on a vendor's word, but instead, use the vendor's response along with your general due diligence. This will repaint a more sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies borrow money so as to cover things such as inventory, payroll, accounts payable, and so on. Remember that in some cases this can indicate that earnings margins are too thin. Numerous organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that have to be satisfied or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract brand-new clients? Many times, operating businesses have repeat clients, which form the core of their daily revenues. Certain aspects such as new competition sprouting up around the area, road construction, and personnel turnover can impact repeat consumers and adversely influence future earnings. One crucial thing to think about is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the greater the chance to develop a returning consumer base. A final idea is the general area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? Exactly how might the local median house earnings impact future income prospects?