Listing ID: 81343
SEMI-ABSENTEE OWNER working from home – GET PAID EVERY 2 WEEKS WITH DIRECT DEPOSIT! Last mile logistics delivery service handles for major big box store clients! Contracts in place with reliable long-term major clients. Mix of both residential delivery with some commercial building material delivery. DOT approval required for Buyer. Huge sales & income growth during the covid-19 pandemic. Excellent P&Ls with year over year sales and income increases for 2018-2020. Gross Sales & Total Income are ACTUAL 2021 from P&L with minimal add backs. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005) at 702-274-7320 or email firstname.lastname@example.org
- Asking Price: $349,000
- Cash Flow: $61,130
- Gross Revenue: $1,827,728
- EBITDA: N/A
- FF&E: $100,000
- Inventory: N/A
- Inventory Included: Yes
- Established: 2012
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:30
- Furniture, Fixtures and Equipment:N/A
This is a Home Based Business. Seller is not active in the business with 30 Independent Contractors. Hours of operation are 6 AM to 3 PM, Mon-Sun. $100,000 in FF&E included in Asking Price. Assets include Mostly absentee! Easy profitable financials with minimal add backs! Turn-key established business! DOT Approval Required. (Home Based)
Fourteen (14) days
Other business interests
This Business Is Home Based
The business was started in 2012, making the business 10 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals resolve to sell operating businesses. However, the genuine factor and the one they say to you might be 2 completely different things. For instance, they may state "I have a lot of other obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may simply be reasons to try to hide the reality of transforming demographics, increased competitors, current reduction in earnings, or an array of other reasons. This is why it is very important that you not depend absolutely on a seller's word, but rather, utilize the vendor's answer in conjunction with your total due diligence. This will paint a much more realistic image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses finance loans with the purpose of covering items like supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can mean that earnings margins are too tight. Numerous companies come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that should be met or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area draw in new clients? Many times, businesses have repeat clients, which develop the core of their day-to-day profits. Certain aspects such as new competition sprouting up around the location, roadway construction, and staff turn over can affect repeat clients and negatively impact future revenues. One crucial point to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business regularly, the greater the opportunity to develop a returning client base. A final idea is the general location demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood typical household income effect future earnings prospects?