Listing ID: 82639
Here is your chance to buy 3 businesses, a building and a home all at the same time!!! The owners are retiring and want to sell it all!!
Included in this offering are:
Bad Beaver Bikes
Tap Er Lite Coffee Roasting and Coffee Shop
3 homes located in uptown Butte.(The current owners live in one and rent out the other two.
If you are looking for an all inclusive opportunity, this is the one!!!
- Asking Price: $1,200,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2004
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:1,800
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Bad Beaver Bikes and Tap Er Lite Coffee operate out of a brick building built in 1900 in Butte Montana. The sale would also include the vacant lot on the east side of the building, perfect for an outdoor patio.
Current owners willing to train/share information about suppliers and show how to operate the coffee roaster located in the basement of the building.
The owners want to retire.
Butte is home to Montana Tech, sits on the crossroads of Interstates 15 and 90 and is home to the Butte 100 mountain bike race. There is currently one other bike shop in town. Although there are several coffee shops in the Butte area, Tap Er Lite is the only one with its own roaster.
Growth potential for both businesses is only limited by supply and the buyer's ambition. Online purchases are currently not part of either Bad Beaver Bikes or Tap Er Lite coffee.
This Business Is An Established Franchise
The company was started in 2004, making the business 18 years old.
The company has 2 employees and resides in a building with estimated square footage of 1,800 sq ft.
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell businesses. Nevertheless, the genuine factor and the one they say to you might be 2 absolutely different things. For instance, they may state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors stand. But, for some, these may just be reasons to attempt to hide the reality of transforming demographics, increased competition, recent reduction in earnings, or a range of various other reasons. This is why it is really essential that you not rely completely on a vendor's word, but rather, make use of the vendor's response together with your total due diligence. This will repaint an extra realistic image of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Lots of businesses finance loans so as to cover things like stock, payroll, accounts payable, and so on. Remember that sometimes this can suggest that revenue margins are too small. Numerous organisations come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that have to be fulfilled or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in new clients? Many times, companies have repeat consumers, which form the core of their day-to-day profits. Specific factors such as brand-new competitors growing up around the area, road building, as well as personnel turn over can affect repeat consumers as well as negatively affect future incomes. One vital point to consider is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business regularly, the better the possibility to develop a returning client base. A final thought is the basic location demographics. Is the business situated in a densely populated city, or is it situated on the outside border of town? Just how might the regional median house income impact future income prospects?