Listing ID: 78579
Make money by saving money! This consultancy helps other entrepreneurs reduce their operating costs.
Are you self-motivated and sales-focused? This is your opportunity to own your own client-centric business with low overhead: The analytical and operational infrastructure is provided by the corporate office on a revenue-sharing basis. You’d just need to focus on marketing and business development to drive growth in client relationships.
This is a a franchise resale at a significant discount to what a new franchise would cost. No physical office or employees needed so this business could be operated from anywhere! Upside a function of your ability to hustle!
Call us today to learn more!
- Asking Price: $41,500
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
This Business Is Home Based
This Business Is An Established Franchise
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell operating businesses. Nevertheless, the genuine factor vs the one they tell you might be 2 absolutely different things. As an example, they may say "I have a lot of various obligations" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may simply be justifications to try to conceal the reality of changing demographics, increased competition, current reduction in profits, or a variety of various other factors. This is why it is really vital that you not depend entirely on a vendor's word, however instead, make use of the seller's solution combined with your overall due diligence. This will paint an extra practical picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses finance loans in order to cover points such as supplies, payroll, accounts payable, etc. Bear in mind that sometimes this can imply that earnings margins are too tight. Many companies fall 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 might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that have to be satisfied or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area attract brand-new customers? Many times, operating businesses have repeat customers, which develop the core of their everyday profits. Particular aspects such as brand-new competition growing up around the location, road building and construction, and employee turnover can influence repeat consumers as well as adversely impact future earnings. One crucial thing to consider is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business often, the better the opportunity to construct a returning customer base. A final idea is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? Exactly how might the regional average family earnings impact future earnings prospects?