Business Overview

Express Tunnel Car Wash includes Business, Building, Equipment & Real Estate. Established Customer Base. Great Location. Terrific Demographics.

Financial

  • Asking Price: $5,000,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell companies. However, the real reason and the one they tell you might be 2 totally different things. For instance, they may say "I have way too many various obligations" or "I am retiring". For many sellers, these factors stand. But also, for some, these might just be reasons to try to hide the reality of changing demographics, increased competitors, current reduction in earnings, or a range of other reasons. This is why it is really important that you not count entirely on a seller's word, however instead, use the seller's solution together with your overall due diligence. This will repaint an extra reasonable picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses finance loans in order to cover things like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can imply that earnings margins are too small. Numerous companies fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that have to be fulfilled or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area attract new customers? Many times, businesses have repeat consumers, which develop the core of their everyday revenues. Particular factors such as brand-new competitors growing up around the area, roadway construction, and personnel turnover can influence repeat customers as well as adversely impact future profits. One important point to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business often, the better the possibility to construct a returning consumer base. A final thought is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the outside border of town? How might the neighborhood typical family earnings effect future earnings prospects?