Business Overview

Great opportunity to buy a business with real estate for under $200,000. This store can make the right owner over $100,000 a year in profits. Make an offer because this store will not last long on the market.

Financial

  • Asking Price: $195,000
  • 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
About The Facility:

This is a 8,000 sf site with a 2,184 sf store. Annual Gallons: 230,000 Inside Sales: $500,000 Other Income: $5,000

Purpose For Selling:

Corporate Disposition

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell operating businesses. However, the true factor vs the one they tell you might be 2 totally different things. As an example, they may say "I have way too many other obligations" or "I am retiring". For many sellers, these factors stand. However, for some, these may just be reasons to try to conceal the reality of transforming demographics, increased competitors, recent decrease in revenues, or an array of various other factors. This is why it is really crucial that you not depend absolutely on a vendor's word, however rather, make use of the seller's answer together with your overall due diligence. This will repaint a much more practical picture of the business's current scenario.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of businesses finance loans in order to cover points such as inventory, payroll, accounts payable, and so on. Bear in mind that sometimes this can imply that earnings margins are too thin. Many companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that must be satisfied or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location attract brand-new customers? Many times, businesses have repeat clients, which develop the core of their day-to-day earnings. Certain elements such as new competition sprouting up around the area, roadway construction, and personnel turnover can impact repeat consumers and also adversely impact future incomes. One essential point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business often, the greater the chance to build a returning client base. A final idea is the general location demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? Exactly how might the neighborhood median home earnings impact future earnings potential?