Business Overview

This office deli is at a discounted price, take advantage of the low price, owner is ready to retire. rent includes all utilities. Very simple operation.

Financial

  • Asking Price: $29,000
  • Cash Flow: $17,000
  • Gross Revenue: $51,300
  • EBITDA: N/A
  • FF&E: $35,000
  • Inventory: $500
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,200
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

retiring

Additional Info

The company was established in 2010, making the business 12 years old.
The sale shall include inventory valued at $500, which is included in the asking price.

The business has 1 employees and is situated in a building with disclosed square footage of 1,200 sq ft.
The building is leased by the business for $1,200 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell businesses. Nonetheless, the real factor and the one they tell you might be 2 entirely different things. As an example, they might state "I have too many various obligations" or "I am retiring". For many sellers, these reasons are valid. However, for some, these might just be reasons to try to hide the reality of altering demographics, increased competition, recent reduction in revenues, or an array of various other factors. This is why it is really vital that you not count totally on a vendor's word, yet rather, make use of the seller's solution combined with your total due diligence. This will repaint an extra practical picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses finance loans so as to cover points like stock, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can mean that profit margins are too small. Numerous organisations come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that need to be met or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in brand-new clients? Many times, operating businesses have repeat customers, which develop the core of their everyday revenues. Specific elements such as brand-new competition sprouting up around the area, road construction, and also staff turnover can influence repeat customers and also negatively influence future profits. One crucial point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business often, the greater the opportunity to build a returning consumer base. A final thought is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the local average household earnings effect future revenue potential?