Listing ID: 81409
– Long Established, very profitable architectural and decorative metal contracting business provides a steady cash flow and further growth potential.
– A business of this quality is hard to find with owner retiring. This one won’t last long – act fast!
– Experienced qualified architectural & decorative contractor performing manufacturing, installation, repairs, and maintenance for the hospitality business sector.
– Room to grow – Huge Upside Potential – Dominant Market Vendor
– Consistent sales/profit growth for years, exceptionally staffed.
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: $4,200,000
- Cash Flow: $1,200,000
- Gross Revenue: $6,000,000
- EBITDA: N/A
- FF&E: $880,000
- Inventory: $80,000
- Inventory Included: Yes
- Established: 2004
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:23,000
- Lot Size:N/A
- Total Number of Employees:30
- Furniture, Fixtures and Equipment:N/A
The Seller will provide 20 hours of weekly training and orderly turnover to the new owner over a period of up to 6 months after the close of escrow. Additional training/consulting can be made available from the Seller, if required, for an additional fee.
The company was started in 2004, making the business 18 years old.
The transaction will include inventory valued at $80,000, which is included in the listing price.
The company has 30 employees and is located in a building with disclosed square footage of 23,000 sq ft.
The property is leased by the company for $21,154 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people resolve to sell companies. Nevertheless, the real factor and the one they say to you may be 2 entirely different things. For instance, they may state "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may simply be reasons to try to hide the reality of transforming demographics, increased competitors, current decrease in earnings, or a range of other factors. This is why it is really essential that you not depend completely on a seller's word, however rather, use the seller's solution along with your general due diligence. This will repaint an extra practical picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Many companies finance loans in order to cover items such as stock, payroll, accounts payable, etc. Remember that in some cases this can mean that earnings margins are too thin. Lots of businesses fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that need to be satisfied or might lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location attract brand-new clients? Most times, companies have repeat clients, which create the core of their day-to-day revenues. Certain factors such as brand-new competition sprouting up around the location, roadway building, as well as personnel turnover can affect repeat customers and negatively impact future incomes. One crucial thing to consider is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business on a regular basis, the higher the opportunity to develop a returning consumer base. A last thought is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the outside border of town? Exactly how might the local typical house earnings effect future income potential?