Listing ID: 80555
One of the few essential business. Top pool service starter route 43 top accounts, 4 Days a week Room for expansion. No experience necessary. Top training and back up for repair training. All accounts guaranteed to transfer to new owner thru 90 escrow procedure. Call the No. 1 Pool Route Broker 46 yrs in Business. 1-800-772-6002
- Asking Price: $40,656
- Cash Flow: $4,804
- Gross Revenue: $57,000
- EBITDA: $50,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2007
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Seller retiring and will provide chemical and repair training.
This Business Is Home Based
The venture was started in 2007, making the business 15 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell businesses. However, the true factor vs the one they say to you might be 2 entirely different things. As an example, they might state "I have too many other commitments" or "I am retiring". For many sellers, these reasons are valid. However, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competition, recent decrease in revenues, or an array of various other factors. This is why it is really crucial that you not depend absolutely on a seller's word, yet rather, make use of the seller's answer in conjunction with your general due diligence. This will repaint a much more sensible image of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses take out loans so as to cover things like inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can imply that revenue margins are too tight. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. 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 fulfilled or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area draw in new customers? Most times, businesses have repeat consumers, which develop the core of their daily profits. Certain elements such as new competitors sprouting up around the location, road construction, as well as staff turnover can impact repeat clients and also negatively affect future earnings. One crucial thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the better the possibility to build a returning customer base. A final idea is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? How might the regional median household income effect future income potential?