Listing ID: 80764
Over three decades ago this enterprise started as a home-based business and has methodically grown into one of the largest dealers in the Intermountain West. The business carries over 20 top brands of equipment, accessories and quality refurbished equipment. Their team of professionals will deliver and set up equipment, assuring each piece is properly assembled and installed. Factory-trained technicians provide preventive maintenance and authorized warranty work along with general repair and maintenance. Consulting services are also offered. Customers include homeowners, commercial property owners, businesses and educational and government entities.
- Asking Price: $1,200,000
- Cash Flow: $287,000
- Gross Revenue: $3,552,638
- EBITDA: N/A
- FF&E: $187,923
- Inventory: $500,000
- Inventory Included: Yes
- Established: N/A
The custom built freestanding building is in a highly visible location with a combination of showroom, warehouse and office areas. A new Lease will be negotiated as part of the business acquisition.
The Owner is ready to retire but is excited to assist in transitioning the busin
This business is the premier product dealer and service provider in the Intermountain West servicing an area encompassing three states. Unlike online stores, customers get expert and personalized advice from the knowledgeable sales staff and can physically see and test products before purchasing. An expansive showroom offers a large selection of quality, new products and accessories, along with rebuilt/refurbished products. Reputation, word-of-mouth referrals and a professional dedicated staff, combined with top line products, are other important attributes.
The ideal buyer would be a synergistic business ready to obtain immediate market share or an individual that enjoys sales and has interest and/or experience in the industry. THE POSSIBILITIES A new Owner may want to launch satellite locations in select cities where the business already has a presence. Consulting and repair services can also be expanded.
The transaction shall include inventory valued at $500,000, which is included in the asking price.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell businesses. Nevertheless, the real factor vs the one they tell you may be 2 entirely different things. For instance, they might state "I have way too many various responsibilities" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these might just be reasons to try to hide the reality of transforming demographics, increased competition, current decrease in profits, or a variety of various other reasons. This is why it is very essential that you not depend entirely on a vendor's word, but rather, utilize the seller's answer along with your general due diligence. This will paint an extra reasonable image of the business's current situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses borrow money in order to cover items such as inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that revenue margins are too small. Many companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that must be satisfied or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location bring in brand-new customers? Many times, businesses have repeat consumers, which form the core of their daily profits. Particular factors such as brand-new competitors sprouting up around the area, roadway building, as well as employee turn over can affect repeat clients and also adversely influence future revenues. One crucial thing to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the higher the chance to build a returning consumer base. A last thought is the basic location demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Just how might the neighborhood typical home earnings impact future revenue potential?