Business Overview

High Volume Inside Sales

Financial

  • Asking Price: $3,000,000
  • Cash Flow: $720,000
  • Gross Revenue: $2,400,000
  • EBITDA: N/A
  • FF&E: $70,900
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2018

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:20,000
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

LOW LABOR HIGH PROFITS

Is Support & Training Included:

2 WEEKS TRAINING

Purpose For Selling:

OTHER BUSINESS INTEREST

Pros and Cons:

Can add more products

Opportunities and Growth:

Perfect for Partners

Additional Info

The venture was started in 2018, making the business 4 years old.

The company has 3 employees and resides in a building with estimated square footage of 20,000 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell companies. Nonetheless, the real reason vs the one they tell you may be 2 totally different things. For instance, they may claim "I have too many various responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competitors, recent reduction in incomes, or a range of other reasons. This is why it is extremely important that you not depend totally on a seller's word, yet rather, utilize the seller's solution together with your overall due diligence. This will paint a much more realistic picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Numerous businesses take out loans so as to cover items like supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that revenue margins are too tight. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that have to be fulfilled or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area draw in new customers? Often times, operating businesses have repeat clients, which develop the core of their daily earnings. Specific elements such as brand-new competitors sprouting up around the location, roadway building, as well as personnel turnover can affect repeat consumers and also negatively affect future revenues. One crucial thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the higher the possibility to construct a returning consumer base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the edge of town? Exactly how might the neighborhood typical home income effect future income prospects?