Business Overview

The new owner(s) of this highly successful publication business will benefit from the following:
* Well-established (20+ years), trusted business with consistent growth.
* Low overhead.
* Unique products/services that have a broad appeal.
* Loyal customer base. 70%+ of client base has been with the business for 10+ years.
* A reputation for providing superior customer service and a flexible product. Ability to serve all businesses and all budgets, big and small.
* Strong social media following.

Financial

  • Asking Price: $1,799,000
  • Cash Flow: $380,600
  • Gross Revenue: $1,527,600
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:9
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

The current owner wants the business to be a success for the new owner(s), its employees, and customers. As such is willing to assist in the training and transition of the business.

Purpose For Selling:

Owner is retiring.

Pros and Cons:

The business has carved out a unique niche and dominates its market.

Opportunities and Growth:

Very successful business with specific products/services that are ripe for expansion.

Additional Info

The business has 9 employees and is situated in a building with disclosed square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell businesses. However, the genuine factor vs the one they say to you might be 2 totally different things. For instance, they may claim "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may simply be reasons to try to hide the reality of altering demographics, increased competition, current decrease in revenues, or an array of various other factors. This is why it is very crucial that you not rely entirely on a seller's word, however rather, make use of the seller's solution combined with your total due diligence. This will paint an extra practical image of the business's current scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses finance loans with the purpose of covering items like stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can imply that revenue margins are too thin. Numerous businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that should be fulfilled or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract brand-new consumers? Most times, operating businesses have repeat clients, which create the core of their day-to-day earnings. Particular aspects such as new competitors growing up around the area, road building and construction, and also employee turn over can affect repeat customers and adversely influence future earnings. One essential thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business regularly, the greater the possibility to build a returning client base. A final thought is the basic area demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? How might the neighborhood average family income impact future revenue potential?