Listing ID: 81402
Business Overview
This small custom design and fabrication company is extremely profitable and has a superior list of clients. The company has technological advantages allowing them to produce innovative, complex and creative products as well as automation for volume based products. They work closely with casinos, exhibition companies, convention companies, cannabis dispensaries, schools, the military, restaurants, and individuals looking for custom projects.
• Turnkey, Extremely Profitable Small Custom Manufacturer
• 26 Years of Operating History in the Las Vegas Market
• High Margins and History of Consistent Profitability
• SBA Loan Available with 10 to 20% Down Payment assuming Buyer is Qualified
• Owner Operator could potentially earn in Excess of $540,000 per year
• Turn-Key Operation and Fully Staffed
• Excellent Mix of Clients with a Majority that are Long Term
• Technological and Operational Advantages over the Competition
• Low Inventory and Operating Capital Requirements
• Strong and Growing Demand in the Las Vegas Market and over the Internet
• Huge Upside Potential
• Outstanding Reputation with Stable and Growing Industry
• Amazing Customer List which includes major Casino’s, Airport, Hotel Properties, Southwest Airlines, Strip Restaurants, Exhibit and Event Companies, and businesses known across the country
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. For the quickest response please email Alan at lvbusinessbroker@gmail.com for an easy to complete e-sign non-disclosure agreement. This will ensure that you quickly receive the complete package. (NV license # 54316, Business Broker Lic. # 13)
Financial
- Asking Price: $1,790,000
- Cash Flow: $540,000
- Gross Revenue: $1,491,000
- EBITDA: N/A
- FF&E: $70,000
- Inventory: $20,000
- Inventory Included: Yes
- Established: 1996
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:5,743
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
80 hours over 4 weeks
Health Reasons/Retirement
Additional Info
The business was established in 1996, making the business 26 years old.
The deal will include inventory valued at $20,000, which is included in the asking price.
The company has 7 employees and resides in a building with approx. square footage of 5,743 sq ft.
The real estate is leased by the company for $4,901 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell businesses. However, the genuine reason and the one they say to you may be 2 absolutely different things. As an example, they may state "I have too many other commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competitors, recent decrease in profits, or an array of various other reasons. This is why it is really vital that you not rely entirely on a seller's word, however rather, make use of the vendor's response in conjunction with your overall due diligence. This will repaint a more sensible picture of the business's existing scenario.
Existing Debts and Future Obligations
If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses borrow money so as to cover points such as stock, payroll, accounts payable, and so on. Remember that occasionally this can mean that earnings margins are too thin. Lots of businesses come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that should be satisfied or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location attract brand-new consumers? Many times, businesses have repeat clients, which form the core of their day-to-day revenues. Particular variables such as new competitors sprouting up around the location, roadway building and construction, and employee turn over can influence repeat clients and also negatively affect future incomes. One vital point to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the greater the opportunity to build a returning consumer base. A final thought is the basic location demographics. Is the business located in a densely populated city, or is it located on the edge of town? Just how might the regional median family earnings influence future income potential?
