Listing ID: 81025

Business Overview

This towing and recovery outfit is well established and well equipped, owner is sincere about selling and retiring from the business, he suggest he is quite willing to share the companies past and present financial performance information with a sincere and able buyer. Call or email TPG co for additional information. Ph.702-800-1545 thepacificgrouplvnv@gmail

Note: Company posseses both consent & non consent license in the state of Nevada

Financial

  • Asking Price: $495,000
  • Cash Flow: N/A
  • Gross Revenue: $750,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

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:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes

Purpose For Selling:

Retiring from the Industry

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell businesses. Nonetheless, the real reason vs the one they say to you may be 2 completely different things. For instance, they might say "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might simply be excuses to attempt to conceal the reality of altering demographics, increased competitors, recent reduction in profits, or a variety of other factors. This is why it is very important that you not count entirely on a vendor's word, however instead, utilize the seller's solution in conjunction with your general due diligence. This will repaint a much more sensible image of the business's present situation.

Existing Debts and Future Obligations

If the current business is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Lots of businesses take out loans so as to cover things such as supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can mean that revenue margins are too thin. Many organisations fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that must be met or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area attract brand-new clients? Often times, companies have repeat clients, which create the core of their everyday profits. Certain aspects such as brand-new competitors sprouting up around the location, roadway building and construction, as well as staff turnover can impact repeat clients and also negatively influence future profits. One vital point to consider is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the greater the possibility to construct a returning consumer base. A final idea is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? How might the local typical family income effect future earnings prospects?