Business Overview

Great Name Brand Gas Station.

Financial

  • Asking Price: $350,000
  • Cash Flow: $264,501
  • Gross Revenue: $784,470
  • EBITDA: N/A
  • FF&E: $23,000
  • Inventory: $40,000
  • Inventory Included: N/A
  • Established: 2014

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Super Opportunity

Is Support & Training Included:

Will train free for two weeks

Purpose For Selling:

relocating & other business interest

Pros and Cons:

Can add hours

Opportunities and Growth:

Can add different products

Additional Info

The company was founded in 2014, making the business 8 years old.
The sale doesn't include inventory valued at $40,000*, which ins't included in the suggested price.

The business has 2 employees and is situated in a building with approx. square footage of 1,500 sq ft.
The property is leased by the business for $10,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell companies. Nevertheless, the true factor vs the one they say to you may be 2 totally different things. For instance, they might state "I have way too many various commitments" or "I am retiring". For many sellers, these factors stand. However, for some, these may simply be excuses to attempt to conceal the reality of changing demographics, increased competition, current reduction in earnings, or a range of various other reasons. This is why it is very important that you not count entirely on a vendor's word, yet instead, utilize the seller's response along with your total due diligence. This will paint an extra sensible image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies borrow money so as to cover items such as stock, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that earnings margins are too thin. Numerous organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that need to be fulfilled or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area attract brand-new clients? Often times, companies have repeat consumers, which form the core of their daily earnings. Certain elements such as new competition sprouting up around the location, road construction, as well as employee turn over can affect repeat customers and also adversely affect future incomes. One important thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business often, the higher the chance to construct a returning client base. A final thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? Just how might the regional mean house earnings effect future earnings prospects?