Listing ID: 81394
Take advantage of this great business opportunity as a Tool Equipment Dealer, Truck Rental, Generator Dealer, Repair/Service, and much more! This is a one of kind type business who has been servicing the community for over 30 years. Listings on this type of business are rare. Motivated seller will seriously consider all reasonable offers. Room to grow – Huge Upside Potential – Could increase sales/profits by adding (products/services). Fabulous location!
About the Business:
• Location: Southern Nevada
• Year Established: 1995
• Number of Employees: 2 FT
• Real Estate: Leased
• Building Sq. Ft.: 1,100 with total space of nearly ¼ acre
• Rent: $1,100 Per Month
• Reason for Selling: Retirement
• Training & Support: The Seller will provide 90 days of training and orderly turnover to the new owner over a period of 12 weeks after the close of escrow. Furthermore, the Seller will provide 90 Days of on call support for the Buyer. Additional training/consulting can be made available from the Seller, if required, for an additional fee.
• Financing: Seller will finance
For more information including a detailed confidential opportunity summary with financial information and photos, please call Tim Canale with Sunbelt Business Brokers at (702) 829-6254.
- Asking Price: $220,000
- Cash Flow: $74,000
- Gross Revenue: $332,000
- EBITDA: N/A
- FF&E: $150,000
- Inventory: $48,000
- Inventory Included: Yes
- Established: 1995
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,100
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
The Seller will provide 90 days of training and orderly turnover to the new owner over a period of 12 weeks after the close of escrow. Furthermore, the Seller will provide 90 Days of on call support for the Buyer. Additional training/consulting can be made available from the Seller, if required, for an additional fee
The company was started in 1995, making the business 27 years old.
The sale will include inventory valued at $48,000, which is included in the asking price.
The business has 2 employees and is situated in a building with disclosed square footage of 1,100 sq ft.
The property is leased by the business for $1,100 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell businesses. Nevertheless, the real factor vs the one they say to you may be 2 completely different things. As an example, they might say "I have way too many various obligations" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be excuses to try to conceal the reality of changing demographics, increased competitors, recent decrease in earnings, or an array of various other factors. This is why it is extremely important that you not depend entirely on a seller's word, but rather, utilize the seller's answer along with your total due diligence. This will paint a more sensible picture of the business's present situation.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Numerous companies take out loans so as to cover things like supplies, payroll, accounts payable, etc. Remember that in some cases this can suggest that profit margins are too thin. Many organisations 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 may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that need to be fulfilled or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area bring in brand-new consumers? Often times, operating businesses have repeat customers, which form the core of their everyday profits. Particular elements such as new competition growing up around the location, roadway building, and also employee turn over can influence repeat clients and also negatively affect future earnings. One crucial thing to consider is the area 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 regularly, the better the possibility to build a returning consumer base. A last thought is the general area demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? How might the regional average family earnings effect future revenue potential?