Listing ID: 81201
Amazing franchise opportunity in Nye county. Business is located in the Walmart and Albertson shopping center directly across the street is the community park, arena, and pool. Multiple events take place near this location. This is the only franchised ice cream shop in Pahrump.
- Asking Price: $300,000
- 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 An Established Franchise
The real estate is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell companies. However, the genuine factor vs the one they tell you might be 2 absolutely different things. For instance, they may state "I have way too many other obligations" or "I am retiring". For many sellers, these factors are valid. But, for some, these may just be justifications to try to hide the reality of changing demographics, increased competition, recent reduction in incomes, or an array of other reasons. This is why it is really essential that you not depend entirely on a vendor's word, but instead, utilize the vendor's response along with your overall due diligence. This will paint a much more sensible image of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Many operating businesses borrow money with the purpose of covering points such as supplies, payroll, accounts payable, etc. Bear in mind that sometimes this can suggest that revenue margins are too tight. Lots of businesses fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be fulfilled or might lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location attract new consumers? Most times, operating businesses have repeat clients, which form the core of their day-to-day profits. Particular aspects such as new competitors sprouting up around the location, roadway building and construction, and employee turn over can impact repeat consumers as well as negatively affect future incomes. One vital point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Obviously, the more people that see the business on a regular basis, the better the possibility to build a returning client base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? Exactly how might the local mean family income effect future income prospects?