Listing ID: 81002
This commercial pump sales, service and repair business has quarterly maintenance contracts and handles all the sales and servicing for MGM, Cesears, the local school district, all city commercial buildings and most other commercial properties in Las Vegas. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at firstname.lastname@example.org.
- Asking Price: $511,716
- Cash Flow: $179,699
- Gross Revenue: $797,028
- EBITDA: N/A
- FF&E: $80,000
- Inventory: $20,000
- Inventory Included: Yes
- Established: 1989
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:4,037
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
This is a leased location of 4,037 square feet. Lease ends 2025 with Two 3 year options. Seller is active in the business with 4 FT employees. Hours of operation are 7am-3:30pm Monday to Friday. $20,000 in Inventory and $80,000 in FF&E included in asking price. Confined Space Certification required.
Seller is focused on a new venture
The venture was started in 1989, making the business 33 years old.
The sale shall include inventory valued at $20,000, which is included in the suggested price.
The business has 4 FTE employees and resides in a building with disclosed square footage of 4,037 sq ft.
The real estate is leased by the business for $3,835 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals decide to sell companies. Nonetheless, the genuine reason vs the one they tell you may be 2 completely different things. For instance, they might state "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may simply be justifications to try to conceal the reality of changing demographics, increased competitors, recent reduction in revenues, or a range of other factors. This is why it is really crucial that you not rely completely on a seller's word, but rather, utilize the seller's response together with your total due diligence. This will paint an extra sensible image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses finance loans so as to cover items such as stock, payroll, accounts payable, so on and so forth. Remember that occasionally this can suggest that profit margins are too tight. Numerous businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also 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 should be met or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract brand-new clients? Often times, businesses have repeat customers, which form the core of their day-to-day profits. Certain elements such as new competitors growing up around the area, roadway building, and also personnel turn over can affect repeat customers and negatively impact future earnings. One important thing to think about is the location 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 regularly, the higher the possibility to build a returning client base. A final idea is the basic area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? How might the neighborhood mean household income impact future revenue potential?