Listing ID: 80564
No experience necessary. Owner operator high net income.. This is for the purchase of 50 established residential pool service accounts. Top accounts. Can be serviced in 4 days a week. All accounts will be guaranteed to transfer thru escrow. Also, seller to provide 30 days of training and 90 consulting, while buyer receives the income. Call the number 1 pool route broker 45 years in business. For details call 1-800-772-6002
- Asking Price: $60,000
- Cash Flow: $6,500
- Gross Revenue: $80,000
- EBITDA: $65,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2015
- 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
This Business Is Home Based
The company was started in 2015, making the business 7 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people resolve to sell companies. However, the real reason vs the one they say to you might be 2 completely different things. For instance, they might say "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these may just be reasons to try to conceal the reality of transforming demographics, increased competition, recent reduction in revenues, or an array of various other factors. This is why it is extremely vital that you not depend totally on a vendor's word, yet rather, use the seller's answer in conjunction with your overall due diligence. This will repaint a much more sensible image of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Lots of businesses take out loans with the purpose of covering things such as inventory, payroll, accounts payable, and so on. Bear in mind that in some cases this can mean that revenue margins are too thin. Lots of organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that have to be fulfilled or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area attract brand-new consumers? Most times, businesses have repeat clients, which create the core of their day-to-day revenues. Specific aspects such as new competition sprouting up around the location, road building and construction, and also employee turn over can impact repeat clients as well as negatively affect future profits. One vital thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Clearly, the more people that see the business on a regular basis, the higher the chance to build a returning consumer base. A last thought is the general location demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? How might the regional median household earnings influence future earnings potential?