Business Overview

Help local businesses reach college students in Nebraska and Iowa with a turnkey strategy that takes very little time and is proven very effective! This 32 year old nationwide company is making their Neb/Iowa Territories available to the right buyer for the very first time! Earn a great salary with just a few University town visits a year. The potential is HUGE for growth as one of the territories has never been approached and you can run it right out of your home. Includes ongoing support.
Online app available too!

Financial

  • Asking Price: $72,625
  • Cash Flow: $39,160
  • Gross Revenue: $53,696
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1990

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Can't reach the territories easily

Additional Info

The business was started in 1990, making the business 32 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell businesses. Nevertheless, the true factor and the one they tell you may be 2 entirely different things. As an example, they may claim "I have way too many other obligations" or "I am retiring". For many sellers, these factors are valid. However, for some, these may just be justifications to attempt to hide the reality of changing demographics, increased competitors, current decrease in revenues, or an array of various other reasons. This is why it is really essential that you not rely completely on a seller's word, however rather, utilize the vendor's answer together with your overall due diligence. This will paint a much more reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies finance loans in order to cover items such as inventory, payroll, accounts payable, and so on. Bear in mind that occasionally this can mean that profit margins are too tight. Many businesses come under a revolving door of taking loans as a way to pay back other loans. In addition to 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 agreements with suppliers that must be met or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract brand-new consumers? Most times, operating businesses have repeat consumers, which develop the core of their day-to-day earnings. Particular aspects such as new competition sprouting up around the area, road construction, as well as personnel turnover can influence repeat customers and also adversely influence future revenues. One vital point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business regularly, the higher the chance to construct a returning customer base. A last idea is the basic location demographics. Is the business situated in a largely populated city, or is it located on the outside border of town? How might the neighborhood typical home earnings influence future income potential?