Listing ID: 83028
Sunbelt Business Brokers of Northeast Louisiana presents this lucrative spray foam business with increasing sales since inception for sale in North Louisiana. Business has been operating for thirteen (13) years. Company specializes in insulation, offering various lines of products providing both residential and commercial services.
Due to industry changes, foam has become well accepted due to its resistance compared to fiberglass. Foam covers and seals all the gaps on the frames, and not only that, closed cell foam is waterproof. Foam vs. Fiberglass, fiberglass loses 25% of its value within 5 years, given the homeowners a weak heat efficiency.
This business is licensed and fully insured to operate in Louisiana. The price includes all equipment and vehicles that are necessary to operate the business. Real estate is included in the price. The business and real estate, 1.05 acres and approximate 2,400 square foot building, may be sold separately. This full-service insulation company has everything you need to offer the latest in insulation technology.
Owners are selling to concentrate on other business interests. Contact Ray Jennings with Sunbelt Business Brokers of Northeast Louisiana at 318-432-8440, or email to email@example.com to get more information on this profitable listing. Ray Jennings is a licensed real estate agent in Louisiana. Sponsoring broker Brandon Bourgeois, 225-201-0202. Please call Ray directly for more information.
- Asking Price: $549,000
- Cash Flow: $100,000
- Gross Revenue: $600,000
- EBITDA: N/A
- FF&E: $20,000
- Inventory: $10,000
- Inventory Included: Yes
- Established: 2008
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:2,400
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Other business interests
The business was founded in 2008, making the business 14 years old.
The transaction does include inventory valued at $10,000, which is included in the listing price.
The company has 3FT employees and is situated in a building with approx. square footage of 2,400 sq ft.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people choose to sell businesses. Nonetheless, the real factor vs the one they say to you may be 2 absolutely different things. For instance, they may say "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be justifications to attempt to conceal the reality of changing demographics, increased competitors, current reduction in incomes, or an array of various other factors. This is why it is extremely vital that you not rely absolutely on a seller's word, however rather, utilize the vendor's response combined with your general due diligence. This will repaint an extra reasonable image of the business's existing situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous operating businesses borrow money so as to cover points like inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that earnings margins are too tight. Many companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be met or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location draw in brand-new clients? Often times, operating businesses have repeat clients, which form the core of their everyday profits. Specific elements such as new competitors sprouting up around the location, roadway building, as well as employee turnover can influence repeat clients and negatively affect future incomes. One important thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business regularly, the higher the opportunity to build a returning customer base. A final thought is the basic location demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Exactly how might the regional median family income influence future earnings potential?