Listing ID: 72795
Amazing shipping/mailing center – best franchise out there. Owner has great employees who will remain and a fantastic reputation. This business is located in a very desirable rural area.
- Asking Price: $300,000
- Cash Flow: $120,000
- Gross Revenue: $835,000
- EBITDA: N/A
- FF&E: $35,000
- Inventory: $70,000
- Inventory Included: Yes
- Established: 2012
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
Strip center in great location.
The Seller will provide training for 2 weeks at no cost.
Seller would like to retire
Very little competition in the area where the store is located. Store has been there a long time, owner does not do any sales or marketing, certainly business projects could be added if marketing was done.
There is an opportunity to add business clientele.
This Business Is An Established Franchise
The company was founded in 2012, making the business 10 years old.
The deal does include inventory valued at $70,000, which is included in the listing price.
The business has 5 employees and is located in a building with disclosed square footage of N/A sq ft.
The real estate is leased by the company for $5,400 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals choose to sell companies. Nevertheless, the genuine reason vs the one they tell you might be 2 completely different things. As an example, they may say "I have a lot of other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be justifications to attempt to hide the reality of changing demographics, increased competition, recent decrease in earnings, or an array of various other factors. This is why it is very vital that you not rely totally on a seller's word, however rather, make use of the vendor's answer together with your general due diligence. This will repaint a more practical image of the business's existing 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 companies finance loans in order to cover points like supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that revenue margins are too thin. Many organisations come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in brand-new customers? Often times, businesses have repeat clients, which form the core of their daily profits. Certain aspects such as brand-new competition growing up around the area, road construction, and employee turn over can affect repeat consumers and also adversely affect future revenues. One important thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Obviously, the more people that see the business regularly, the greater the chance to build a returning customer base. A last thought is the general area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? How might the local average home earnings influence future income prospects?