Listing ID: 80589
Well established, profitable, device protection kiosk located at Kukui Grove Mall. Outstanding reputation built on excellent customer service, high-quality products, effective services and innovative solutions. Great foot traffic and visibility. Sale includes all assets, inventory, and coveted supplier relationships.
Products and Services Include:
Cell Phone Accessories
Apple Certified Products
- Asking Price: $110,000
- Cash Flow: $40,000
- Gross Revenue: $191,000
- EBITDA: N/A
- FF&E: $3,500
- Inventory: $36,000
- Inventory Included: Yes
- Established: 2006
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:50
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Excellent central location in Kauai's mall.
Owner willing to provide transitional training and support. Terms negotiable.
Seller wanting to focus on new business opportunity.
The company was established in 2006, making the business 16 years old.
The transaction shall include inventory valued at $36,000, which is included in the requested price.
The company has 2 employees and resides in a building with estimated square footage of 50 sq ft.
The building is leased by the business for $1,617.58 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell operating businesses. Nonetheless, the true factor vs the one they tell you might be 2 entirely different things. As an example, they may claim "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be reasons to try to hide the reality of transforming demographics, increased competitors, recent reduction in incomes, or an array of other reasons. This is why it is really crucial that you not rely completely on a vendor's word, however instead, use the seller's answer together with your overall due diligence. This will repaint a more practical picture of the business's present situation.
Existing Debts and Future Obligations
If the current company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover points like supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can suggest that earnings margins are too tight. Lots of companies fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that must be met or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract brand-new customers? Most times, companies have repeat clients, which develop the core of their everyday profits. Specific factors such as new competitors growing up around the area, roadway building, and employee turnover can impact repeat clients as well as negatively impact future earnings. One vital thing to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business often, the better the chance to construct a returning customer base. A last thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? How might the regional median household income influence future income potential?