Listing ID: 81613
With over 30 years in the manufacturing business, this one-of-a-kind business is a diamond in the rough. Incredible display room along with a manufacturing layout that reveals true process efficiency. High marks for quality, as well as, on time deliveries despite the Covid effect. Sales are to both residential and commercial clients from end user to contractor. Sales minded owner will have a field day growing the business. For more information, call Mark Sauter at 314.306.3855 or firstname.lastname@example.org.
- Asking Price: $610,000
- Cash Flow: N/A
- Gross Revenue: $679,293
- EBITDA: N/A
- FF&E: $566,468
- Inventory: $30,000
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:12,000
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Building Own: 12,000 sq. ft. @ $3,980 per month (Real Estate is Available for an additional $990,000)
Create a sales & marketing program.
The sale won't include inventory valued at $30,000*, which ins't included in the listing price.
The business has 3FT/1PT employees and is located in a building with approx. square footage of 12,000 sq ft.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell companies. Nonetheless, the true factor and the one they tell you may be 2 absolutely different things. As an example, they might state "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these might simply be reasons to try to hide the reality of altering demographics, increased competitors, current decrease in profits, or an array of various other factors. This is why it is really essential that you not count completely on a seller's word, yet instead, make use of the vendor's solution along with your total due diligence. This will paint a more realistic picture of the business's present situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of businesses borrow money in order to cover items like stock, payroll, accounts payable, and so on. Bear in mind that sometimes this can indicate that revenue margins are too small. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be met or may lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in new consumers? Often times, companies have repeat clients, which form the core of their daily profits. Certain aspects such as brand-new competitors growing up around the location, road construction, and also personnel turn over can impact repeat consumers and also adversely affect future incomes. One crucial thing to think about is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business regularly, the better the opportunity to construct a returning consumer base. A last idea is the basic location demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Just how might the regional average home earnings impact future revenue prospects?