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 started in 1991, making the business 31 years old.

The business has 2 employees and resides in a building with approx. square footage of 1,000 sq ft.
The real estate is leased by the business for $755 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people resolve to sell operating businesses. However, the real reason vs the one they say to you might be 2 absolutely different things. As an example, they may state "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might just be justifications to attempt to conceal the reality of changing demographics, increased competitors, current decrease in incomes, or a range of other factors. This is why it is really essential that you not count entirely on a seller's word, but instead, make use of the vendor's response combined with your general due diligence. This will paint a much more sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of businesses take out loans with the purpose of covering points like supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that profit margins are too thin. Many businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be satisfied or may cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location attract new customers? Many times, businesses have repeat consumers, which form the core of their daily earnings. Certain aspects such as new competition growing up around the area, roadway construction, as well as personnel turnover can influence repeat consumers as well as adversely impact future incomes. One important thing to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the higher the opportunity to construct a returning consumer base. A final idea is the basic location demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? Exactly how might the regional typical house earnings effect future income prospects?