Listing ID: 82912
Business Overview
Sunbelt Business Brokers of Baton Rouge presents this telephone and utility business for sale in South Louisiana. Business has been in operation for over 20 years servicing south Louisiana. Company has the highest customer retention rate of any CLEC in Louisiana. Customer service is the #1 priority of this company. It shows in its loyal customer base. Company offers residential and business customers cheaper rates than its large competitors. Business can also provide DSL high speed internet, Direct TV, AT&T service, Verizon service and other services. A T-Mobile franchise goes with the business as well. Staff is well train and been with the company for a long time.
Owner is ready to retire and will help train and transition new owner. Seller will consider owner financing for a qualified buyer with a proper down payment. Contact us today for more information on this telephone and utility company for sale!
Financial
- Asking Price: $150,000
- Cash Flow: $70,000
- Gross Revenue: $1,100,000
- EBITDA: N/A
- FF&E: $5,000
- Inventory: N/A
- Inventory Included: Yes
- Established: 1991
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:4
- Furniture, Fixtures and Equipment:N/A
Available
Retirement
Additional Info
The venture was established in 1991, making the business 31 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell businesses. However, the genuine reason vs the one they tell you might be 2 entirely different things. As an example, they may state "I have a lot of other commitments" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may simply be reasons to try to conceal the reality of changing demographics, increased competition, recent decrease in earnings, or a variety of other reasons. This is why it is really crucial that you not count totally on a vendor's word, however instead, make use of the seller's response along with your general due diligence. This will paint an extra practical picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses finance loans so as to cover points such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can mean that profit margins are too small. Many companies fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that must be satisfied or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location bring in new customers? Often times, operating businesses have repeat customers, which develop the core of their day-to-day profits. Certain factors such as brand-new competition sprouting up around the area, road construction, and staff turnover can impact repeat customers and also negatively affect future incomes. One vital point to think about is the area 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 on a regular basis, the higher the opportunity to construct a returning customer base. A final 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 typical house income influence future income potential?
