Listing ID: 81366
Highly Profitable North Las Vegas Company focuses on Commercial and Residential Glazing, Manufacturing, Fabrication and Installation. They have a small portion of residential and retail business. The company has shown Growth Continuously since inception. This is an Outstanding Opportunity to purchase a well-respected growing and successful business with the future potential to earn over $1M in SDE annually.
– Long Established History in the Las Vegas Market
– An Owner/Operator Could Easily Earn in Excess of $1M Per year after all expenses
– Price includes $455,000 in combination of Inventory and Accounts Receivable
– High Margins and History of Consistent Profitability
– Company Specializes in Design, Fabrication & Installation
– Full Service Shop – No Automotive
– Turn-Key Operation and Fully Staffed – Easy to Learn and Operate
– Excellent Mix of Clients with a Majority that are Long Term
– Huge Upside Potential due to Demand in the Las Vegas Market
– 2022 Revenue and Profits expected to be Significantly Above 2021
– Established Contracts Over Next 12 Months and Many Repeat Customers
– Sellers are willing to Train and Ensure Smooth Transition
– Outstanding Reputation and Reviews
– Stable and Growing Industry – Revenue Continues to Grow Each Year
– Owners will Consider Staying for a reasonable period
– Significant Assets with a Market Value of over $400,000
– Business Should Easily Qualify for SBA Loan assuming Buyer is Qualified
– First Class Leased Facility in Clark County, NV
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 firstname.lastname@example.org
- Asking Price: $4,000,000
- Cash Flow: $1,067,000
- Gross Revenue: $3,992,000
- EBITDA: N/A
- FF&E: $400,000
- Inventory: $455,000
- Inventory Included: Yes
- Established: 2010
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:10,900
- Lot Size:N/A
- Total Number of Employees:23
- Furniture, Fixtures and Equipment:N/A
120 hours over 6 weeks
The company was founded in 2010, making the business 12 years old.
The deal shall include inventory valued at $455,000, which is included in the asking price.
The company has 23 employees and resides in a building with disclosed square footage of 10,900 sq ft.
The property is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell companies. Nevertheless, the true factor vs the one they tell you may be 2 totally different things. As an example, they might say "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these may just be excuses to attempt to hide the reality of changing demographics, increased competition, recent decrease in incomes, or a range of various other factors. This is why it is really crucial that you not count absolutely on a vendor's word, yet instead, utilize the seller's response along with your total due diligence. This will repaint an extra realistic picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses take out loans in order to cover items like stock, payroll, accounts payable, etc. Bear in mind that occasionally this can imply that revenue margins are too tight. 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 additionally be future obligations to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that must be satisfied or may cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area attract new consumers? Most times, operating businesses have repeat customers, which create the core of their everyday profits. Particular factors such as brand-new competitors sprouting up around the location, roadway building, and employee turn over can affect repeat customers and adversely influence future earnings. One vital point to consider is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Clearly, the more individuals that see the business often, the better the opportunity to build a returning consumer base. A final thought is the basic area demographics. Is the business situated in a densely populated city, or is it situated on the outside border of town? Just how might the regional median household earnings impact future revenue prospects?