Business Overview

***business not located in indicated city***
With 30 years in business, this thriving company supplies everything a beekeeper
needs. From protective clothing to complete hives to the bees themselves, this
company is the go-to resource for apiaries.
Sales are conducted both in person at the company’s store (located in the seller’s barn)
and online through the company’s website with products shipped both domestically
and internationally.
In addition to beekeeping products, the company also sells honey, beeswax, honey
candy and honey-based skin care products.
The company also offers bee removal services, which can be quite lucrative. Honey
bees are removed and relocated, while hostile varieties like wasps and yellow jackets
are exterminated.
***business not located in indicated city***

Financial

  • Asking Price: $400,000
  • Cash Flow: $100,000
  • Gross Revenue: $432,000
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: $125,000
  • 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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Not included, not available for sale. Buyer will need a new location as the seller runs this business from a barn at his home and may lease the barn for a short period.

Is Support & Training Included:

Transition: Seller will assist and may lease the barn for a short period.

Purpose For Selling:

Retirement

Additional Info

The venture was established in 1991, making the business 31 years old.
The sale will include inventory valued at $125,000, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell companies. However, the real reason and the one they say to you might be 2 absolutely different things. As an example, they may say "I have a lot of other responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competitors, current decrease in earnings, or a range of various other factors. This is why it is really important that you not depend entirely on a seller's word, yet rather, make use of the seller's response together with your overall due diligence. This will paint a much more sensible picture of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Many operating businesses borrow money with the purpose of covering items like stock, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can indicate that revenue margins are too thin. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that must be satisfied or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location bring in new customers? Many times, operating businesses have repeat consumers, which form the core of their everyday revenues. Specific elements such as new competitors sprouting up around the location, road building, and personnel turnover can affect repeat customers and also adversely affect future earnings. One essential point to consider is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business regularly, the greater the possibility to construct a returning customer base. A last idea is the general area demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the local median household earnings effect future earnings potential?