Listing ID: 80609

Business Overview

Turnkey, profitable, and well established wellness business on Kauai’s north shore. Excellent location and reputation with steady local and visitor clientele that’s close to popular beaches. Visitor hot spot with highway frontage and excellent visibility to passerby’s. Four and a half and 5 star ratings on primary review sites.

Financial

  • Asking Price: $175,000
  • Cash Flow: $83,000
  • Gross Revenue: $141,000
  • EBITDA: N/A
  • FF&E: $5,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2008

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Excellent location and reputation with steady local and visitor clientele that's close to popular beaches. Visitor hot spot with highway frontage and excellent visibility to passerby's.

Is Support & Training Included:

Owner willing to provide training and transition support.

Purpose For Selling:

Pursuing other opportunities

Additional Info

The venture was founded in 2008, making the business 14 years old.

The business has 1 employees and is situated in a building with approx. square footage of N/A sq ft.
The building is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell businesses. However, the genuine factor and the one they say to you might be 2 completely different things. For instance, they might say "I have too many other responsibilities" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be justifications to try to conceal the reality of changing demographics, increased competitors, recent decrease in incomes, or a range of various other factors. This is why it is very vital that you not count totally on a vendor's word, however instead, make use of the seller's answer in conjunction with your overall due diligence. This will paint an extra practical picture of the business's existing circumstance.

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 deal. Lots of businesses borrow money so as to cover items like supplies, payroll, accounts payable, and so on. Remember that in some cases this can imply that revenue margins are too small. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that have to be met or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in new customers? Many times, companies have repeat customers, which develop the core of their day-to-day earnings. Certain factors such as brand-new competitors growing up around the location, road building and construction, as well as staff turnover can affect repeat consumers and also adversely influence future earnings. One essential 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 highway? Certainly, the more people that see the business on a regular basis, the greater the opportunity to develop a returning customer base. A final idea is the basic location demographics. Is the business located in a largely populated city, or is it situated on the outside border of town? Exactly how might the regional typical family earnings effect future revenue prospects?