Listing ID: 80628
Goat dairy situated on 42-acres of prime agricultural land with stunning views. Dairy is a top agricultural destination on Maui with more that 60,000 visitors annually. With a incredible staff and dedicated employees this unique business produces over 50 different flavored cheeses and truffles sold on line and in numerous retail, restaurant and hotel locations on Maui & nation wide. The goat dairy has won 18 national cheese awards for 18 different cheeses. The business income includes: gourmet delicacies sold on site in the retail shop & restaurant, estate tours, and the petting zoo. Outstanding features of this agricultural property & business include: an established livestock, restaurant, retail shop, barn, a spacious farmhouse, mature landscaping, a fruit orchard, fully fenced and irrigated pastures and more.
- Asking Price: $6,250,000
- Cash Flow: $250,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 1998
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:20
- Furniture, Fixtures and Equipment:N/A
Farm house, barn & farm equipment, retail shop, restaurant.
The company was established in 1998, making the business 24 years old.
The business has 20 employees and is situated in a building with estimated square footage of N/A sq ft.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell companies. However, the genuine factor and the one they say to you may be 2 entirely different things. As an example, they may claim "I have way too many various obligations" or "I am retiring". For many sellers, these factors are valid. However, for some, these may simply be excuses to attempt to hide the reality of altering demographics, increased competitors, current decrease in earnings, or a variety of various other reasons. This is why it is very essential that you not rely completely on a seller's word, yet instead, make use of the seller's response combined with your general due diligence. This will repaint a much more reasonable image of the business's current circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of operating businesses borrow money in order to cover items like stock, payroll, accounts payable, etc. Keep in mind that occasionally this can mean that revenue margins are too thin. Many businesses fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to think about. There may 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 met or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location bring in new customers? Many times, operating businesses have repeat customers, which develop the core of their daily profits. Certain factors such as brand-new competition sprouting up around the location, roadway building, as well as personnel turnover can affect repeat clients and adversely impact future earnings. One crucial point to think about is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business on a regular basis, the better the possibility to construct a returning consumer base. A final thought is the general location demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Just how might the neighborhood mean home income effect future income potential?