Business Overview

Counter Top and Floor Resurfacing
Own your own business…….Be your own boss! The owner of this business is offering it for sale: This company owns a data base of over 400 current and past customers, who are great prospects for future business. They retrofit counter tops and resurface floors in the Omaha Metro area.
Total revenue for 2020: $126,287.48
Total revenue for 6 months of 2021: $119,420.11
All labor is contractor provided. No Employees. Net cash flow for the 6 months of2021 is $105,271.14. The potential to pay for your new business from the current net cash flow in less than 2yrs exists.
Asking price: $329,000.00
Seller will train buyer and provide a smooth transition. Price includes approximately $4,000.00 in product color, clear coat, epoxy and show displays; a data base of current and past customers totaling of 400+ entries; high volume spray gun; power sander and shop vac.
If you have an interest in knowing more about this opportunity, Please contact:
Ray Elwood, M&AMI
Business Brokers Corporation
402-213-3632
ray@businessbrokerscorporation.com

This information was provided to Business Brokers Corporation by the Seller and has not necessarily been verified.

Financial

  • Asking Price: $329,900
  • Cash Flow: N/A
  • Gross Revenue: $126,287
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $4,000
  • Inventory Included: Yes
  • Established: 2019

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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Based

Is Support & Training Included:

Seller will train Buyer.

Purpose For Selling:

Wants to take advantage of a different business opportunity.

Home Based:

This Business Is Home Based

Additional Info

The business was founded in 2019, making the business 3 years old.
The transaction shall include inventory valued at $4,000, which is included in the suggested price.

The business has 1 employees and is located in a building with disclosed square footage of N/A sq ft.
The building is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell operating businesses. Nevertheless, the true factor and the one they tell you might be 2 completely different things. As an example, they may state "I have a lot of various commitments" or "I am retiring". For many sellers, these factors are valid. However, for some, these might simply be excuses to try to hide the reality of changing demographics, increased competitors, current reduction in incomes, or a variety of various other factors. This is why it is really essential that you not count completely on a vendor's word, however rather, utilize the vendor's answer combined with your total due diligence. This will paint a much more sensible image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of operating businesses take out loans so as to cover things such as supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can suggest that profit margins are too small. Numerous companies fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. 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 fulfilled or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in new customers? Often times, businesses have repeat consumers, which develop the core of their everyday revenues. Particular factors such as new competition sprouting up around the location, road building and construction, and staff turn over can affect repeat consumers and also adversely influence future earnings. One vital thing to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business on a regular basis, the higher the chance to develop a returning customer base. A last idea is the general area demographics. Is the business located in a largely inhabited city, or is it located on the edge of town? Exactly how might the local mean home earnings impact future revenue prospects?