Business Overview

This company is very scalable to meet your desired level of income! Choose any one of several different ways to expand revenue and profit. The limitations are your efforts and investment. Or continue to run the business part time as the current owner does and still make a comfortable living.

The business has a great reputation and network. MC and DOT numbers are clean. Seller will train in their systems that have proven effective and share expansion strategies.

For more information call Jeff Bach with Fusion Business Brokers about listing ID#1075JB.

Financial

  • Asking Price: $369,000
  • Cash Flow: $124,000
  • Gross Revenue: $221,775
  • EBITDA: N/A
  • FF&E: $150,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2015

Detailed Information

  • Property Owned or Leased:N/A
  • 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
About The Facility:

Home Based

Is Support & Training Included:

Seller will train new owner in all systems and processes and assist in transition with customers. Seller will share details of expansion opportunities.

Purpose For Selling:

Seller would like to reduce responsibilities and prepare for retirement

Home Based:

This Business Is Home Based

Additional Info

The business was founded in 2015, making the business 7 years old.

The real estate is leased by the business for $100 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell businesses. However, the true reason and the one they say to you might be 2 absolutely different things. As an example, they might say "I have too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might simply be justifications to attempt to conceal the reality of changing demographics, increased competition, recent decrease in profits, or a range of other factors. This is why it is very vital that you not rely totally on a vendor's word, however rather, make use of the vendor's solution along with your general due diligence. This will repaint a more sensible picture of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Many companies borrow money with the purpose of covering things like stock, payroll, accounts payable, and so on. Remember that occasionally this can mean that earnings margins are too tight. Numerous organisations fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that should be fulfilled or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in new customers? Often times, businesses have repeat clients, which create the core of their day-to-day earnings. Certain elements such as new competitors growing up around the area, road building, and also personnel turn over can impact repeat consumers and negatively affect future earnings. One crucial thing to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business often, the greater the chance to construct a returning customer base. A final idea is the basic area demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Exactly how might the regional typical family income influence future income prospects?