Listing ID: 80601

Business Overview

A family owned and operated business homesteaded in 1940’s, located along the Maui
coastline. Improvements include: a 6-bedroom house, barns, stables, arena, office, horse pastures, and a helicopter pad where cliff side landings are made for weddings or combo activities. The business includes: group trail rides for 1-1/2 hours up to 18, private rides, weddings, BBQ lunches, all with spectacular views for photo shoots.

Financial

  • Asking Price: $6,500,000
  • Cash Flow: $288,045
  • Gross Revenue: $944,043
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:3,759
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

3,759 sfr home, barn

Is Support & Training Included:

negotiable

Additional Info

The business has 0 employees and is located in a building with approx. square footage of 3,759 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell businesses. However, the genuine factor and the one they tell you might be 2 totally different things. As an example, they may claim "I have too many various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competition, current decrease in profits, or an array of other factors. This is why it is very essential that you not depend totally on a seller's word, however rather, make use of the seller's response in conjunction with your general due diligence. This will paint a much more practical picture 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 need to consider this when valuating/preparing your offer. Lots of operating businesses take out loans with the purpose of covering items like stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can suggest that profit margins are too tight. 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 consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that need to be met or might lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area attract new consumers? Most times, businesses have repeat customers, which form the core of their daily earnings. Particular aspects such as new competitors sprouting up around the location, roadway construction, as well as employee turnover can affect repeat consumers and also negatively impact future revenues. One essential thing to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the higher the chance to build a returning client base. A last thought is the general area demographics. Is the business placed in a densely inhabited city, or is it situated on the outskirts of town? How might the local average family income influence future income prospects?