Listing ID: 81083

Business Overview

This is a very well-known handcrafted popsicle company. They have many wholesale accounts, including Las Vegas hotels on the strip, and do many caterings and events for retail sales. All equipment, including a $20,000 specialized freezing machine as well as a wrapped Ford Transit van are included in the transaction. Seller currently uses a kitchen commissary.
Seller financing available for an experience and qualified buyer. 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.
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 trent@fcbb.com.

Financial

  • Asking Price: $149,999
  • Cash Flow: $78,569
  • Gross Revenue: $350,429
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: $1,000
  • Inventory Included: Yes
  • Established: 2019

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:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is a home-based location. Seller is active with 3 PT employees and 10 contract staff. Hours of operation are 24 hours a day 7 days a week. $1,000 in Inventory and $20,000 in FF&E included in Asking Price. (Home Based)

Is Support & Training Included:

14 Days

Purpose For Selling:

Owner taking a corporate job.

Home Based:

This Business Is Home Based

Additional Info

The business was established in 2019, making the business 3 years old.
The sale does include inventory valued at $1,000, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell companies. Nonetheless, the true factor and the one they say to you might be 2 absolutely different things. As an example, they may say "I have a lot of other responsibilities" or "I am retiring". For many sellers, these reasons are valid. However, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competitors, current reduction in revenues, or a variety of other reasons. This is why it is really essential that you not rely absolutely on a seller's word, yet instead, make use of the vendor's response along with your overall due diligence. This will paint a much more practical picture of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses finance loans in order to cover things like stock, payroll, accounts payable, etc. Keep in mind that sometimes this can imply that revenue margins are too tight. Lots of organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that must be met or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in new clients? Most times, businesses have repeat customers, which create the core of their day-to-day profits. Particular factors such as brand-new competition sprouting up around the location, roadway building, and employee turn over can influence repeat clients and also negatively impact future earnings. One essential point to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business often, the higher the opportunity to develop a returning consumer base. A final idea is the general area demographics. Is the business located in a largely populated city, or is it situated on the outside border of town? How might the neighborhood median home income impact future income prospects?