Listing ID: 82594

Business Overview

The Bighorn Boot Work Warehouse was established in 1986 and has been thriving in Billing ever since. The business has a strong market base along with outstanding reputation for quality, service and satisfied customers.

Big Horn Boot has a great location with lots of visibility and roughly 20,000 car traffic passing day by day. The business also features a contracted companies for the goods and services it has to offer. It leads in fire retardant clothing for the area. If you want a great business with a success records this is the one. You can buy the business only or the building land and inventory. Owners are flexible!

Financial

  • Asking Price: $1,400,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell companies. However, the true factor and the one they say to you may be 2 totally different things. As an example, they might say "I have too many other responsibilities" or "I am retiring". For many sellers, these factors are valid. But, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competition, current decrease in revenues, or an array of various other reasons. This is why it is extremely essential that you not rely totally on a seller's word, but rather, make use of the vendor's answer together with your general due diligence. This will repaint a much more reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Many businesses borrow money in order to cover points like supplies, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that profit margins are too tight. Many organisations fall into 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 consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that should be fulfilled or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area draw in new clients? Many times, companies have repeat clients, which form the core of their everyday revenues. Specific factors such as new competition growing up around the area, roadway building, as well as personnel turnover can influence repeat customers and also negatively impact future earnings. One essential thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the better the chance to construct a returning client base. A final thought is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the outskirts of town? How might the neighborhood median household income effect future income prospects?