Business Overview

This Aquarium Supply store is the premium place for all things aquatic. Located in a high traffic area, customers come from all over to purchase high quality fish stock and more. Space is ideally retrofitted to accommodate the amount of inventory carried so that customers always walk away satisfied. Sales continue to grow as does SDE. Highly confidential sale. Contact Broker for more details.

Financial

  • Asking Price: $800,000
  • Cash Flow: N/A
  • Gross Revenue: $1,250,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $150,000
  • Inventory Included: Yes
  • Established: N/A
Purpose For Selling:

Other interests

Additional Info

The deal will include inventory valued at $150,000, which is included in the suggested price.

The real estate is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell companies. Nevertheless, the true factor vs the one they tell you may be 2 entirely different things. As an example, they might say "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may simply be justifications to try to hide the reality of transforming demographics, increased competitors, recent decrease in incomes, or a variety of various other reasons. This is why it is extremely essential that you not count entirely on a vendor's word, but rather, use the seller's solution together with your total due diligence. This will paint a much more reasonable picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many operating businesses borrow money with the purpose of covering points such as supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can mean that profit margins are too thin. Lots of businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that must be met or may result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract brand-new consumers? Many times, businesses have repeat customers, which form the core of their everyday profits. Specific aspects such as new competition sprouting up around the area, roadway construction, and also employee turn over can influence repeat customers as well as negatively influence future profits. One important thing to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business on a regular basis, the higher the chance to build a returning client base. A final idea is the basic location demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? How might the local mean family income influence future revenue potential?