Listing ID: 6612

Business Overview

This new shop is one of the most beautiful in Mountain Brook. Although it’s only been open a couple of months, it’s sister store in Coastal Alabama is 7 years old and in 2018 netted the owner $155,427. For 2019, the Coastal store’s revenue is up 15% over the previous year.

And this store’s revenue in Mountain Brook is ahead of the Coastal Alabama store compared to older store’s first two months of operation.

This is a unique opportunity for someone looking for a turn-key operation with a huge potential.

To receive details, please email William Bruce from this website. A confidentiality agreement and preliminary financial information are required.

We look forward to showing you this rare opportunity in Mountain Brook.

Financial

  • Asking Price: $225,000
  • Cash Flow: $
  • Gross Revenue: $
  • EBITDA: $
  • FF&E: $
  • Inventory: $
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Building Square Footage:1,300 Sq Ft
  • Furniture, Fixtures and Equipment:$

Contact Information

Addition Info

The company was founded in N/A, making the business 2020 years old.
The deal doesn't include inventory valued at N/A, which ins't included in the listing price.

Further more, Furniture, fixtures and equipment valued at N/A shall not be included in the suggested price.
The building is leased by the company for $4,100 /Month

3 Things to Consider When Researching operating businesses for sale in Jefferson County - Vestavia, Alabama

Acquiring a company is one of the largest choices you will make in your life time. Selecting wisely can cause significant monetary benefits for you, your loved ones, and also your retirement. Nevertheless, in order to make a correct decision, you need to take into consideration a number of points.|In order to make an appropriate choice, you need to take into consideration numerous points.} Below are 3 important things to think about before acquiring a business in Jefferson County - Vestavia, Alabama.

Why is the Current Owner Selling The Business?

{There are all sorts of reasons individuals decide to sell operating businesses. Nevertheless, the real factor vs the one they say to you may be 2 entirely different things. As an example, they may say "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competitors, recent decrease in profits, or an array of various other factors. This is why it is very important that you not rely completely on a seller's word, however rather, make use of the seller's answer combined with your overall due diligence. This will repaint an extra practical image of the business's existing situation.

Existing Debts and Future Obligations

If the current business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses finance loans with the purpose of covering points like stock, payroll, accounts payable, and so on. Keep in mind that sometimes this can suggest that earnings margins are too thin. Numerous companies come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that should be fulfilled or may result in penalties if terminated early.

Understand the Customer Base, Competition and Area Demographics

How do businesses in the Jefferson County - Vestavia, Alabama location attract brand-new consumers? Many times, businesses have repeat customers, which develop the core of their everyday revenues. Particular aspects such as new competitors growing up around the area, road building, and staff turnover can affect repeat customers as well as negatively impact future incomes. One vital thing to consider is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business often, the better the possibility to develop a returning client base. A last thought is the basic area demographics. Is the business situated in a densely populated city, or is it located on the outside border of town? Exactly how might the local typical household earnings effect future earnings prospects?