Listing ID: 81614
Excellent opportunity to own a well-managed and profitable business at an affordable price. This Wildlife Control business has well established customer base in Metro St. Louis, but also services many areas beyond. Owner is willing to train the right individual. Business is relocatable. Excellent reputation in the industry. For more information, call Bill Biermann at 314.596.6738 or firstname.lastname@example.org.
- Asking Price: $99,000
- Cash Flow: $75,343
- Gross Revenue: $125,000
- EBITDA: N/A
- FF&E: $10,800
- Inventory: $1,200
- Inventory Included: N/A
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
Building: In-Home / Relocatable
Add Large Commercial Accounts
The venture was started in 2008, making the business 14 years old.
The transaction won't include inventory valued at $1,200*, which ins't included in the suggested price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals choose to sell businesses. However, the real reason and the one they tell you might be 2 entirely different things. As an example, they might claim "I have way too many various commitments" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be excuses to try to hide the reality of transforming demographics, increased competitors, current reduction in earnings, or a range of various other factors. This is why it is extremely crucial that you not depend entirely on a seller's word, however rather, use the seller's answer in conjunction with your overall due diligence. This will paint a more sensible picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses take out loans so as to cover things such as inventory, payroll, accounts payable, and so on. Remember that sometimes this can imply that revenue margins are too small. Lots of organisations fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be satisfied or may cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location attract brand-new consumers? Most times, businesses have repeat customers, which develop the core of their daily profits. Specific variables such as new competition sprouting up around the location, road building and construction, as well as staff turn over can influence repeat consumers and negatively influence future incomes. One crucial point to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business often, the higher the opportunity to develop a returning client base. A last thought is the basic area demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? How might the local typical home earnings impact future earnings potential?