Listing ID: 82318
This service and distribution company for sale has been in operation for over 70 years in Omaha, NE. This business has grown every year. The sale of this business includes over $175k of equipment so nothing has to be purchased.
Seller owns the real estate and is selling along with the business. The anticipated appraisal of the said real estate is $1.7M so ~$100k annually was deducted from cash flow for payments.
Current owner is a businessman and primary duties are to coordinate with customers and provide ownership responsibilities to employees. All Real Estate transactions handled by a licensed Real Estate Broker. If real estate would ever be included in the transaction, it will be handled by a licensed Real Estate Broker. For more information on this service and distribution company for sale in Omaha, NE, call Roger Edgar or Ingrid Reynolds at Sunbelt Business Advisors @ 402.827.3190.
- Asking Price: $1,000,000
- Cash Flow: $346,791
- Gross Revenue: $3,593,085
- EBITDA: N/A
- FF&E: $175,000
- Inventory: N/A
- Inventory Included: Yes
- Established: 1999
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:16
- Furniture, Fixtures and Equipment:N/A
The venture was founded in 1999, making the business 23 years old.
The business has 16 employees and resides in a building with approx. square footage of N/A sq ft.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell companies. However, the real reason and the one they say to you may be 2 entirely different things. For instance, they may claim "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might simply be reasons to attempt to conceal the reality of changing demographics, increased competitors, recent decrease in profits, or a variety of various other reasons. This is why it is very essential that you not count totally on a seller's word, however instead, utilize the vendor's response in conjunction with your overall due diligence. This will repaint an extra realistic image of the business's current situation.
Existing Debts and Future Obligations
If the current business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many companies finance loans so as to cover points such as supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can mean that revenue margins are too small. Lots of organisations come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be met or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area draw in brand-new consumers? Most times, operating businesses have repeat customers, which create the core of their daily revenues. Specific factors such as brand-new competition sprouting up around the location, road building and construction, and also personnel turnover can impact repeat clients as well as negatively impact future incomes. One vital point to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business often, the greater the chance to build a returning client base. A final thought is the general location demographics. Is the business placed in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the neighborhood typical household income influence future income prospects?