Listing ID: 79471
Established business with excellent growth opportunity! (An SBA-Approved Franchise). New Franchises costs $200K+
This is an excellent opportunity to own a fun and creative business that offers custom design to the public and B2B opportunities. Multiple revenue streams!
Step into business ownership quickly and successfully!
• Well-known, highly regarded business name
• Moneymaker with immediate growth opportunity
• Great location
• No previous experience needed
• Ongoing training & support
Everything is already established for effective web presence, advertising, social media, and local business marketing.
- Asking Price: $50,000
- Cash Flow: $80,428
- Gross Revenue: $292,000
- EBITDA: N/A
- FF&E: $30,000
- Inventory: $1,500
- Inventory Included: Yes
- Established: 2011
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,200
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
2 weeks training at no cost; plus, additional training by Corporate in Florida
Pursuing other opportunities
While there are other t-shirt shops in the area, most of them only provide screen-printing for very large bulk orders. As such, they are cooperation rather than competition. Local screen printers often refer customers seeking small orders to our location. Similarly, we work in cooperation with screen printers when a t-shirt order lends itself better to screen-printing.
The store is located in one of the busiest commercial shopping centers in the Savannah area. It is a well-kept space that appeals to customers with its bright and welcoming atmosphere. We have thousands of customers in our database, and we get a lot of repeat and referral business. We also have business-to-business relationships with local trades that help keep us busy.
This Business Is An Established Franchise
The venture was established in 2011, making the business 11 years old.
The deal shall include inventory valued at $1,500, which is included in the suggested price.
The business has 2 employees and resides in a building with estimated square footage of 1,200 sq ft.
The property is leased by the company for $2,898 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell companies. Nonetheless, the genuine reason and the one they say to you might be 2 totally different things. As an example, they might say "I have too many other responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might just be reasons to try to hide the reality of altering demographics, increased competition, current decrease in revenues, or a range of other reasons. This is why it is very essential that you not count completely on a vendor's word, yet rather, make use of the seller's answer along with your total due diligence. This will paint a more practical picture of the business's present situation.
Existing Debts and Future Obligations
If the current business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of operating businesses take out loans so as to cover points like stock, payroll, accounts payable, and so on. Bear in mind that in some cases this can suggest that profit margins are too tight. Many businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations 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 vendors that must be fulfilled or might lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location draw in new customers? Most times, businesses have repeat clients, which create the core of their everyday earnings. Certain factors such as brand-new competition sprouting up around the area, road building and construction, and also personnel turn over can impact repeat clients and negatively affect future earnings. One crucial thing to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business often, the greater the opportunity to construct a returning consumer base. A final thought is the general area demographics. Is the business situated in a densely inhabited city, or is it located on the outside border of town? Just how might the local median family earnings influence future revenue prospects?