Listing ID: 76455
Once in a Lifetime Opportunity to Make a Difference! Investing in this established franchise will save you valuable start-up time and money and you will make a difference in children’s lives! You have the option to purchase one to five Colorado franchise locations (three are established and two more can be developed). This business is for you if you want great cash flow while making a difference, seeing children’s faces light up as they overcome obstacles. Flexible schedule, low overhead, and impressive results. Franchise license (valued at $65,000 per location) included in the sale.
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
- Asking Price: $299,000
- Cash Flow: N/A
- Gross Revenue: $327,356
- EBITDA: N/A
- FF&E: $129,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2016
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:10
- Furniture, Fixtures and Equipment:N/A
Yes, 2 weeks
This Business Is An Established Franchise
The company was started in 2016, making the business 6 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell businesses. Nonetheless, the real reason and the one they say to you may be 2 totally different things. For instance, they may claim "I have way too many other responsibilities" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be justifications to attempt to hide the reality of transforming demographics, increased competitors, recent decrease in profits, or a range of other reasons. This is why it is really essential that you not depend completely on a vendor's word, but rather, utilize the vendor's response together with your overall due diligence. This will repaint an extra reasonable picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Numerous companies take out loans in order to cover things such as inventory, payroll, accounts payable, and so on. Remember that occasionally this can suggest that revenue margins are too thin. Many businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that must be fulfilled or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location attract brand-new clients? Often times, companies have repeat consumers, which form the core of their daily profits. Certain factors such as brand-new competition growing up around the location, roadway building, as well as personnel turnover can affect repeat customers as well as negatively influence future incomes. One essential thing to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the chance to construct a returning customer base. A last idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the edge of town? How might the regional typical family earnings impact future earnings prospects?