Listing ID: 81618
Business Overview
Established manufacturing and Distribution Company with huge potential to add new product lines. The company owns patents and is already well established in the defense industry with ongoing orders from the US government and major defense industry corporations.
With the right expertise this company can expand into all sorts of industries that involve any type of protective gear or surfaces. The company can be relocated. If you have the bandwidth to develop and brand-new products with their proprietary formula this may be the right opportunity for you! For more information, please call Pam Ludwinski at 314.368.8811 or info@premierbb.com.
Financial
- Asking Price: $175,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $75,000
- Inventory: $20,000
- Inventory Included: N/A
- Established: 2011
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:3
- Furniture, Fixtures and Equipment:N/A
Building Lease @ $208.33 per month
Yes
Retiring
Additional Info
The business was founded in 2011, making the business 11 years old.
The transaction doesn't include inventory valued at $20,000*, which ins't included in the suggested price.
The company has 3PT employees and is situated in a building with disclosed square footage of N/A sq ft.
The building is leased by the business for $208.33 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people decide to sell operating businesses. However, the true reason vs the one they tell you might be 2 totally different things. For instance, they may claim "I have too many other commitments" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might simply be justifications to attempt to conceal the reality of transforming demographics, increased competition, current decrease in earnings, or a variety of other factors. This is why it is extremely important that you not rely absolutely on a seller's word, yet rather, utilize the vendor's answer in conjunction with your total due diligence. This will repaint an extra realistic picture of the business's current situation.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses finance loans in order to cover items such as stock, payroll, accounts payable, etc. Remember that sometimes this can imply that earnings margins are too small. Numerous businesses fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that need to be met or might result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in new customers? Many times, companies have repeat customers, which create the core of their day-to-day profits. Certain aspects such as brand-new competitors sprouting up around the location, roadway building and construction, and employee turnover can affect repeat customers and negatively affect future incomes. One crucial thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the better the chance to construct a returning consumer base. A last idea is the general location demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? How might the local median home earnings influence future income potential?
