Listing ID: 81292
Business Overview
This is an opportunity to purchase a successful Pallet Manufacturer and Rebuilder that has been operating profitably for over 22 years. An owner operator can expect to net over $325,000 each year without any changes. The Seller is willing to finance the purchase for a qualified buyer with as little as $215,000 down.
• 22 Years of Operating History in the Las Vegas Market
• Financing in place with as little as 25% down for a qualified buyer
• Purchase Price includes Inventory, A/R and Assets
• Easy to Learn and Operate with a Highly Experienced Team
• High Margins and History of Consistent Revenue and Profitability
• Owner should be able to net over $325,000 per year
• Turn-Key Operation and Fully Staffed – Seller’s do not spend much time on site
• Excellent Mix of Clients with a Majority that are Long Term
• Huge Upside Potential due to Demand in shipping and in the Las Vegas Market
• 2022 Revenue and Profits are expected to be above 2021
• Seller willing to Train and Ensure Smooth Transition
• Outstanding Reputation
• Stable and Growing Industry
• Currently looking to relocate to a new long term leased location
For more information including a detailed confidential opportunity summary with financial information and photos, please call Alan Horwitz with Sunbelt Business Brokers at 702-714-0229 or email for a non-disclosure agreement to quickly receive the package at lvbusinessbroker@gmail.com NV license # 54316, Business Broker Lic. # 13
Financial
- Asking Price: $859,000
- Cash Flow: $328,000
- Gross Revenue: $1,850,000
- EBITDA: N/A
- FF&E: $50,000
- Inventory: $100,000
- Inventory Included: Yes
- Established: 1999
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:217,800
- Lot Size:N/A
- Total Number of Employees:15
- Furniture, Fixtures and Equipment:N/A
80 hours over 4 weeks
Other business interests
Additional Info
The business was started in 1999, making the business 23 years old.
The transaction shall include inventory valued at $100,000, which is included in the requested price.
The business has 15 employees and resides in a building with approx. square footage of 217,800 sq ft.
The real estate is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals choose to sell operating businesses. Nevertheless, the real reason vs the one they say to you may be 2 totally different things. As an example, they may state "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might just be reasons to attempt to conceal the reality of changing demographics, increased competition, current reduction in earnings, or a range of various other factors. This is why it is really vital that you not rely absolutely on a vendor's word, however rather, use the vendor's solution along with your total due diligence. This will paint a much more reasonable image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of operating businesses finance loans with the purpose of covering points such as stock, payroll, accounts payable, and so on. Bear in mind that sometimes this can indicate that profit margins are too thin. Lots of companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be satisfied or may lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area bring in new consumers? Many times, businesses have repeat clients, which form the core of their everyday profits. Specific elements such as brand-new competition sprouting up around the area, roadway building and construction, and personnel turn over can impact repeat clients and adversely impact future revenues. One vital thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Obviously, the more people that see the business often, the higher the opportunity to develop a returning consumer base. A final thought is the basic location demographics. Is the business located in a densely inhabited city, or is it situated on the outskirts of town? Exactly how might the neighborhood average household earnings impact future revenue potential?