Business Overview

Business Highlights:

– Relocatable
– Profitable
– Turn-key Manufacturer
– Quality Products
– Longstanding customer base
– Strong commitment in the industry
– Highly innovative

Providing innovative products to the Printed Control Board Industry since 1991. This turnkey business offers a continual innovative supply of a complete line of controller products to the PCB Industry. Quality products and excellent customer service has allowed this business to serve current clients and target PCB manufacturers and their distributors to expand business.

Financial

  • Asking Price: $525,000
  • Cash Flow: $185,404
  • Gross Revenue: $334,000
  • EBITDA: N/A
  • FF&E: $30,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1991

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,000
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Retirement

Additional Info

The company was founded in 1991, making the business 31 years old.

The company has 2 employees and is situated in a building with disclosed square footage of 1,000 sq ft.
The building is leased by the company for $755 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. Nonetheless, the genuine factor and the one they tell you might be 2 entirely different things. As an example, they might state "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might just be reasons to try to conceal the reality of transforming demographics, increased competition, current decrease in incomes, or a variety of various other factors. This is why it is very essential that you not count totally on a vendor's word, but rather, utilize the seller's response along with your overall due diligence. This will paint a much more realistic picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money so as to cover things such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that profit margins are too tight. Lots of organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that must be satisfied or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract new customers? Most times, businesses have repeat clients, which develop the core of their daily revenues. Certain aspects such as brand-new competitors growing up around the area, road building and construction, and personnel turn over can affect repeat customers and also adversely influence future revenues. One vital thing to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business regularly, the greater the possibility to construct a returning customer 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? Just how might the neighborhood median household earnings influence future revenue prospects?