Listing ID: 73339
Need to work from home? Looking for 6 figure cash flow and low entry costs? For sale, four well established, respected and profitable franchises in the Greater Cincinnati area for sale for $280,000. Positive cash flow to the owner of over $100,000. Franchise areas are premium locations that continue to provide recurring revenue to the business. Ideal for a buyer looking to break away from the corporate bonds and work for themselves. Home based. Set your own schedule! For additional information please contact listing agent Brandon Owens at 513-392-6750 or email@example.com.
- Asking Price: $280,000
- Cash Flow: $98,373
- Gross Revenue: $340,337
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2007
- 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
This is a home based location. Seller is active in the business. Hours of operation are flexible. (Home Based)
Pursuing other interests
This Business Is Home Based
This Business Is An Established Franchise
The business was started in 2007, making the business 15 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell operating businesses. Nonetheless, the real reason vs the one they tell you might be 2 entirely different things. As an example, they might claim "I have way too many various responsibilities" or "I am retiring". For many sellers, these factors are valid. But, for some, these might just be justifications to try to hide the reality of transforming demographics, increased competitors, recent decrease in revenues, or a range of other factors. This is why it is very crucial that you not rely entirely on a vendor's word, however instead, make use of the seller's answer in conjunction with your total due diligence. This will repaint a much more sensible picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Lots of businesses take out loans so as to cover items such as stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can imply that profit margins are too small. Many companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be satisfied or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location draw in brand-new customers? Often times, businesses have repeat consumers, which create the core of their daily earnings. Specific variables such as brand-new competitors sprouting up around the area, road construction, and also employee turn over can influence repeat clients and also negatively affect future incomes. One vital thing to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business often, the higher the chance to construct a returning customer base. A final thought is the basic location demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? Exactly how might the local average house earnings influence future income potential?