Listing ID: 80786

Business Overview

Huge Cash flow business. Includes all inventory which will continue to come in. Includes washer and dryer facility. Lease can be renewed for an additional 3+ year lease. Incredible location in the heart of downtown Nampa. Easy load an unload areas.

Financial

  • Asking Price: $200,000
  • Cash Flow: $200,000
  • Gross Revenue: $142,811
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:4,800
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

All Inventory

Is Support & Training Included:

Seller is willing to train.

Purpose For Selling:

Retiring and Moving out of State

Opportunities and Growth:

Has endless potential to gain momentum. Has increased every year since new owner took over.

Additional Info

The company was founded in 2019, making the business 3 years old.

The business has 2 employees and is located in a building with estimated square footage of 4,800 sq ft.
The building is leased by the company for $2,300 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell operating businesses. Nevertheless, the true factor and the one they tell you may be 2 entirely different things. As an example, they might claim "I have way too many various obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might just be reasons to attempt to hide the reality of altering demographics, increased competition, recent decrease in incomes, or a range of other reasons. This is why it is really important that you not rely absolutely on a vendor's word, yet rather, make use of the seller's solution together with your total due diligence. This will paint a much more sensible image of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Numerous companies finance loans in order to cover points such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that revenue margins are too tight. Many businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that must be fulfilled or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area draw in brand-new customers? Many times, companies have repeat consumers, which form the core of their everyday revenues. Certain aspects such as new competition growing up around the area, road construction, and personnel turn over can affect repeat customers and adversely affect future incomes. One essential point to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business often, the higher the opportunity to construct a returning customer base. A final idea is the basic location demographics. Is the business situated in a densely populated city, or is it situated on the outskirts of town? Exactly how might the neighborhood median home earnings influence future income prospects?