Business Overview

Very nice profitable creative service and retail business for sale in very affluent and desirable high traffic location. Take advantage of this opportunity utilize your creative skills to grow an already successful décor related business and make it your own.
Owner to retire. For more information, call Pam Ludwinski at 314-368-8811 or info@premierbb.com.

Financial

  • Asking Price: $120,000
  • Cash Flow: $37,787
  • Gross Revenue: $278,642
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2007

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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Building Lease @ $2,250 per month

Is Support & Training Included:

Yes

Purpose For Selling:

Retirement

Opportunities and Growth:

Hire more employees

Additional Info

The company was established in 2007, making the business 15 years old.
The sale won't include inventory valued at $5,000*, which ins't included in the requested price.

The company has 1FT employees and is located in a building with approx. square footage of N/A sq ft.
The property is leased by the business for $2,250 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell businesses. However, the true factor and the one they tell you may be 2 totally different things. For instance, they may state "I have way too many other obligations" or "I am retiring". For many sellers, these factors stand. However, for some, these might simply be excuses to try to conceal the reality of changing demographics, increased competition, recent reduction in incomes, or a variety of various other factors. This is why it is extremely essential that you not count completely on a vendor's word, however rather, make use of the seller's answer combined with your total due diligence. This will repaint a much more practical image of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies finance loans in order to cover points like stock, payroll, accounts payable, and so on. Remember that in some cases this can mean that earnings margins are too thin. Numerous businesses come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that need to be fulfilled or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract brand-new clients? Most times, companies have repeat consumers, which create the core of their day-to-day profits. Certain elements such as brand-new competition sprouting up around the location, roadway construction, and employee turnover can affect repeat clients and also negatively impact future profits. One crucial thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business on a regular basis, the better the chance to build a returning customer base. A final idea is the basic area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? Exactly how might the regional median home income impact future income potential?