Listing ID: 82310
This very well-known and highly publicized Recreational Sales & Service Company for sale in Omaha, NE has been in operation for over 30 years. To ensure a successful hand-off to the Buyer, the Seller is available to remain on and actively be involved in the business operation for a period to transfer their knowledge and industry relationship. Seller owns the real estate and would like to sell along with the business. The anticipated appraisal of the said real estate is $2M and payments for the real estate have already been deducted from cash flow. If real estate is included, the Real Estate transaction will be completed by a licensed Real Estate Broker. Strict confidentiality rules will apply when you inquire on this Recreational Sales & Service business for sale in Omaha, NE, by calling Roger Edgar or Ingrid Reynolds at Sunbelt Business Advisors, 402.827.3190.
- Asking Price: $1,100,000
- Cash Flow: $464,950
- Gross Revenue: $2,645,033
- EBITDA: N/A
- FF&E: $413,000
- Inventory: N/A
- Inventory Included: Yes
- Established: 1990
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
The business was established in 1990, making the business 32 years old.
The company has 4 employees and resides in a building with estimated square footage of N/A sq ft.
Why is the Current Owner Selling The Business?
There are all kinds of reasons people resolve to sell companies. However, the genuine factor vs the one they tell you may be 2 entirely different things. As an example, they might claim "I have a lot of various obligations" or "I am retiring". For many sellers, these factors stand. But also, for some, these may simply be reasons to try to hide the reality of changing demographics, increased competitors, current reduction in revenues, or a range of various other factors. This is why it is very vital that you not depend completely on a seller's word, however rather, make use of the vendor's solution combined with your overall due diligence. This will paint a more sensible image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans so as to cover points such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can suggest that profit margins are too thin. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that must be fulfilled or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area draw in new clients? Often times, companies have repeat consumers, which create the core of their everyday profits. Specific variables such as new competitors sprouting up around the area, road building and construction, and also staff turn over can impact repeat customers as well as negatively influence future incomes. One important point to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business regularly, the higher the chance to construct a returning client base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it located on the edge of town? How might the neighborhood median home income effect future income potential?