Listing ID: 82225
Located on a high traffic arterial road in an accessible retail area, the store is a leased 5,000 sq. ft. facility with state of the art, interactive accessory and audio demonstration units, well equipped retail center, private office and storage areas.
Services provided: Auto window tinting, paint protection, vehicle wraps & graphics, auto detailing, custom wheels and tires, car & truck accessories, marine styling services, commercial services and residential services.
Cash flow positive.
- Asking Price: $395,000
- Cash Flow: $22,885
- Gross Revenue: $684,236
- EBITDA: $229,398
- FF&E: $150,000
- Inventory: $50,000
- Inventory Included: Yes
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:5,000
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
5,000 sq. ft. facility. 3,600 sq. ft. shop is well equipped with two lifts, 72' plotter, two computers, etc.
negotiable. This is a franchise. Franchise offers training and support through onsite training, online modules, call center support, regional support and etc.
Other Business Interest
During the initial year of operation, the store has earned over 150 5-star online reviews with an overall 4.9 average rating.
The transaction does include inventory valued at $50,000, which is included in the requested price.
The business has 6 employees and is located in a building with approx. square footage of 5,000 sq ft.
The building is leased by the company for $5,325 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell operating businesses. Nevertheless, the genuine factor and the one they say to you may be 2 completely different things. For instance, they might state "I have way too many other obligations" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these might just be excuses to try to conceal the reality of altering demographics, increased competitors, current decrease in incomes, or an array of other factors. This is why it is extremely crucial that you not count completely on a seller's word, however rather, utilize the vendor's response combined with your general due diligence. This will paint a more sensible image of the business's existing scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses take out loans so as to cover points like stock, payroll, accounts payable, etc. Keep in mind that occasionally this can mean that earnings margins are too small. Numerous organisations come 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 think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that should be fulfilled or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in brand-new consumers? Often times, companies have repeat clients, which form the core of their daily earnings. Certain elements such as brand-new competition sprouting up around the location, road building and construction, and employee turnover can impact repeat clients as well as adversely affect future revenues. One important thing to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the greater the opportunity to build a returning consumer base. A last idea is the basic area demographics. Is the business situated in a largely inhabited city, or is it situated on the edge of town? How might the local median home income effect future earnings prospects?