Listing ID: 81416
Business Overview
This is an excellent opportunity to purchase the assets of a well-established threading and henna art shop. The store is in the heart of the Downton Summerlin. This prime location allows for great visibility for foot traffic. The store is approximately 774 square feet, with opportunities to expand the current services.
• Years of Operating History in the Las Vegas Market
• Easy to Learn and Operate
• Prime Location with Great Foot Traffic
• Minimum Operating Capital is Needed
• Purchase Price includes all high-end hard assets
For more information including a detailed confidential opportunity summary with financial information and photos, please call Samuel Baird with Sunbelt Business Brokers at 801-687-7472 or email for a non-disclosure agreement to quickly receive the package at sbaird@sunbeltlv.com NV license # 146087, Business Broker # 7095.
Financial
- Asking Price: $30,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2010
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Consolidate Operations
Additional Info
The venture was started in 2010, making the business 12 years old.
The real estate is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell companies. Nonetheless, the genuine factor and the one they say to you may be 2 completely different things. As an example, they might claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may just be reasons to attempt to hide the reality of changing demographics, increased competition, current decrease in profits, or a variety of various other reasons. This is why it is really important that you not depend completely on a seller's word, but rather, make use of the vendor's answer in conjunction with your overall due diligence. This will paint a much more practical picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover things like stock, payroll, accounts payable, etc. Bear in mind that occasionally this can mean that earnings margins are too thin. Many businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that should be met or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location draw in brand-new customers? Many times, operating businesses have repeat customers, which create the core of their day-to-day earnings. Certain elements such as brand-new competition sprouting up around the location, roadway building and construction, as well as employee turnover can influence repeat customers and adversely influence future incomes. One vital point to consider is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the greater the possibility to construct a returning consumer base. A final idea is the basic location demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood mean household earnings impact future earnings potential?
