Business Overview

Home improvement independent dealer has built a stellar reputation on referrals and name recognition for over 28 years. Perfected operations process coupled with over-the-top customer service has ensured double-digit sales growth over the last three years. Buy direct from the manufacturer. No franchise fees or salesforce keeps our overhead low. To learn more about this exciting opportunity please feel free to give Mark Sauter a call at 314-306-3855 or info@premierbb.com.

Financial

  • Asking Price: $535,836
  • Cash Flow: $157,417
  • Gross Revenue: $980,017
  • EBITDA: N/A
  • FF&E: $130,000
  • Inventory: $15,000
  • Inventory Included: N/A
  • Established: 1993

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:5,400
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Building Lease 5,400 sq. ft. @ $5,000 per month

Is Support & Training Included:

Yes

Purpose For Selling:

Retirement

Opportunities and Growth:

Salesperson

Additional Info

The venture was established in 1993, making the business 29 years old.
The sale shall not include inventory valued at $15,000*, which ins't included in the listing price.

The business has 6FT/1PT employees and is located in a building with disclosed square footage of 5,400 sq ft.
The real estate is leased by the business for $5,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell businesses. Nevertheless, the genuine reason and the one they tell you might be 2 absolutely different things. As an example, they may say "I have way too many various obligations" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may simply be justifications to attempt to conceal the reality of changing demographics, increased competition, current decrease in profits, or an array of other factors. This is why it is very essential that you not count totally on a vendor's word, yet instead, make use of the vendor's answer together with your overall due diligence. This will paint a much more sensible picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses take out loans in order to cover things like supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can indicate that earnings margins are too tight. Numerous companies come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be satisfied or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location bring in new consumers? Most times, operating businesses have repeat customers, which create the core of their everyday earnings. Specific elements such as new competition growing up around the location, road construction, and staff turn over can impact repeat clients and also negatively affect future profits. One important thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the better the possibility to construct a returning customer base. A last thought is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? How might the local typical household income influence future earnings prospects?