Listing ID: 6588

Business Overview

PROFITABLE branded convenience store with gas. Real estate is NOT included but workable long term lease is available. Recently re-branded providing a clean new look. Inside sale $42,000 @ 30%, Also lotto, ATM, air, and U-HALL. Located in great beach town Fort Walton Beach. Contact me for current profit/loss statement. CONTACT: Rob Sproles 850-341-3863 EMAIL: robsproles@msn.com Signed non-disclosure statement with workable phone number is required.

Financial

  • Asking Price: $195,000
  • Cash Flow: $86,280
  • Gross Revenue: $197,400
  • EBITDA: $
  • FF&E: $
  • Inventory: $40,000
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Building Square Footage:1 Sq Ft
  • Furniture, Fixtures and Equipment:$
Purpose For Selling:

other investment committments

Addition Info

The venture was established in N/A, making the business 2020 years old.
The transaction does include inventory valued at $40,000, which is included in the listing price.

Also, Furniture, fixtures and equipment valued at N/A isn't included in the requested price.
The building is leased by the company for $2,675 /Month

3 Things to Consider When Researching companies for sale in Okaloosa County - Fort Walton Beach, Florida

Buying a business is among the most significant choices you will certainly make in your life time. Picking carefully can lead to significant monetary advantages for you, your loved ones, and your retirement. However, in order to make an appropriate choice, you need to take into consideration a number of things.|In order to make a correct decision, you need to take into consideration numerous things.} Below are 3 essential things to take into consideration prior to purchasing a business in Okaloosa County - Fort Walton Beach, Florida.

Why is the Current Owner Selling The Business?

{There are all sorts of reasons why individuals choose to sell companies. Nonetheless, the true factor vs the one they say to you might be 2 totally different things. As an example, they may claim "I have a lot of other commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be excuses to attempt to hide the reality of altering demographics, increased competitors, recent decrease in profits, or a range of other factors. This is why it is very vital that you not rely totally on a vendor's word, however instead, use the seller's solution together with your general due diligence. This will paint an extra practical image of the business's current situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses take out loans with the purpose of covering points such as inventory, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that revenue margins are too small. Lots of companies come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that should be fulfilled or might result in penalties if canceled early.

Understand the Customer Base, Competition and Area Demographics

Just how do businesses in the Okaloosa County - Fort Walton Beach, Florida location attract brand-new consumers? Many times, companies have repeat customers, which create the core of their everyday earnings. Certain elements such as brand-new competitors growing up around the location, roadway building, as well as staff turnover can influence repeat consumers as well as negatively impact future earnings. One important point to think about is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business regularly, the higher the possibility to develop a returning client base. A final thought is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? How might the regional mean home income influence future revenue prospects?