Listing ID: 80541
Outstanding opportunity to acquire the operations of a company located in Hawaii. The brand is well know worldwide. Distribution in place.
This company is in the fashion industry at the premium level. Please expect to be fully vetted should you care to inquire.
- Asking Price: $400,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: $20,000
- Inventory Included: N/A
- Established: 2016
- 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
Full details provided to vetted buyers
Training provided at will.
The venture was established in 2016, making the business 6 years old.
The deal shall not include inventory valued at $20,000*, which ins't included in the suggested price.
The business has 5 employees and is located in a building with approx. square footage of N/A sq ft.
The real estate is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell businesses. However, the true reason and the one they say to you may be 2 absolutely different things. As an example, they may say "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors stand. But, for some, these may just be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in incomes, or an array of various other factors. This is why it is really vital that you not rely absolutely on a seller's word, but instead, utilize the vendor's answer combined with your general due diligence. This will repaint a much more reasonable picture of the business's present scenario.
Existing Debts and Future Obligations
If the current company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies take out loans so as to cover items such as supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can indicate that revenue margins are too tight. 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 likewise be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that should be fulfilled or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area attract new customers? Many times, businesses have repeat customers, which form the core of their day-to-day profits. Certain factors such as brand-new competitors sprouting up around the area, roadway construction, as well as staff turnover can affect repeat consumers and negatively affect future revenues. One essential point to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business on a regular basis, the better the chance to build a returning client base. A last idea is the basic area demographics. Is the business located in a densely populated city, or is it located on the outside border of town? Just how might the local median home income impact future earnings prospects?