Listing ID: 6592

Business Overview

Approximately 11 acres of real estate on major highway with considerable frontage in Gulf Breeze sunny Florida including 230 RV/BOAT storage spaces with 230 current users at $40/average or more per space. Mostly filled up and owner working currently to provide additional spaces. Owner may consider including other valuable assets in negotiations to the right investor. REAL ESTATE INCLUDED…Caterpillar loader and other items also included to assist in clearing land for basic maintenance. CONTACT: Rob Sproles at 850-341-3863 email: robsproles@msn.com

Financial

  • Asking Price: $3,500,000
  • Cash Flow: $
  • Gross Revenue: $110,000
  • EBITDA: $
  • FF&E: $
  • Inventory: $
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Building Square Footage: Sq Ft
  • Furniture, Fixtures and Equipment:$
About The Facility:

11 acres major highway real estate with considerable frontage footage. Including great revenue from RV/boat storage with 230 spaces fills over $40 average per space. REAL ESTATE ACREAGE INCLUDED.

Purpose For Selling:

retiring

Addition Info

The business was started in 2013, making the business 7 years old.
The transaction doesn't include inventory valued at N/A, which ins't included in the asking price.

Additionally, Furniture, fixtures and equipment valued at N/A won't be included in the suggested price.

3 Things to Consider When Researching operating businesses for sale in Santa Rosa County - Gulf Breeze, Florida

Purchasing a business is among the greatest decisions you will certainly make in your life time. Selecting intelligently can cause remarkable financial advantages for you, your loved ones, and also your retirement. However, in order to make a proper decision, you must think about numerous points.|In order to make a correct decision, you should think about several points.} Below are 3 important items to think about before buying an organisation in Santa Rosa County - Gulf Breeze, Florida.

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 completely different things. For instance, they may say "I have way too many other responsibilities" or "I am retiring". For many sellers, these reasons are valid. However, for some, these may just be reasons to attempt to hide the reality of transforming demographics, increased competition, current reduction in revenues, or a variety of other reasons. This is why it is really important that you not count entirely on a seller's word, however instead, make use of the vendor's solution along with your total due diligence. This will repaint a much more practical image of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses take out loans so as to cover points such as supplies, payroll, accounts payable, etc. Remember that sometimes this can mean that earnings margins are too small. Lots of organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that should be met or might cause charges if canceled early.

Understand the Customer Base, Competition and Area Demographics

Just how do companies in the Santa Rosa County - Gulf Breeze, Florida area bring in new clients? Often times, operating businesses have repeat consumers, which create the core of their daily revenues. Specific aspects such as brand-new competition growing up around the location, road building, as well as staff turnover can influence repeat consumers as well as adversely impact future revenues. One essential point to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business regularly, the greater the opportunity to construct a returning consumer base. A last thought is the basic location demographics. Is the business placed in a densely populated city, or is it situated on the outside border of town? Exactly how might the regional median house earnings impact future income prospects?