Listing ID: 6626

Business Overview

This very profitable company is a dealer for several lines of medical equipment in a territory encompassing northern Alabama and Mississippi and the western half of Tennessee. The firm represents some of the leading equipment manufacturers in the market and is the dominant supplier in the territory.

This highly respected firm was founded in the 1980s and its enviable reputation now spans over 35 years. The business is for sale only because of the retirement of the owner.

Revenue is balanced between sales and service. Revenue streams include facility design and engineering, sales of new equipment, repairs, upgrades and routine service contracts.

The company has over 50 loyal, repeat customers with no one customer accounting for more than 10 percent of total revenue. The top 20 customers would comprise approximately 50 percent of revenue.

The new owner of this business could expand the revenue and profits by broadening the product lines to include related equipment not currently offered. While this challenge would involve developing expertise in different technologies, the ability to “piggy-back” the effort on the loyal customer base would provide a platform for dramatic business growth. The existing owner has chosen to focus on their current core expertise.

For additional information on this rare possibility, please contact William Bruce from this website. A confidentiality agreement and qualifying financial information are required to receive details. We look forward to showing you this excellent opportunity.

Financial

  • Asking Price: $995,000
  • Cash Flow: $290,152
  • Gross Revenue: $1,169,355
  • EBITDA: $
  • FF&E: $
  • Inventory: $75,000
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Building Square Footage:9,000 Sq Ft
  • Furniture, Fixtures and Equipment:$
Purpose For Selling:

Retirement

Contact Information

Addition Info

The venture was started in N/A, making the business 2020 years old.
The transaction does include inventory valued at $75,000, which is included in the asking price.

Also, Furniture, fixtures and equipment valued at N/A shall not be included in the asking price.
The real estate is leased by the business for $4,500 /Month

3 Things to Consider When Researching operating businesses for sale in Lauderdale County - Florence, Alabama

Buying a business is among the largest choices you will certainly make in your life time. Picking sensibly can cause incredible financial benefits for you, your loved ones, and your retirement. Nonetheless, in order to make an appropriate choice, you need to consider numerous things.|In order to make a correct decision, you should take into consideration several things.} Below are 3 important things to think about before purchasing a company in Lauderdale County - Florence, Alabama.

Why is the Current Owner Selling The Business?

{There are all kinds of reasons why individuals resolve to sell businesses. Nevertheless, the real factor vs the one they tell you may be 2 totally different things. For instance, they might state "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might simply be reasons to try to conceal the reality of changing demographics, increased competitors, recent decrease in earnings, or an array of other reasons. This is why it is extremely vital that you not count absolutely on a vendor's word, yet rather, use the seller's response combined with your total due diligence. This will repaint a much more practical 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. Many operating businesses borrow money so as to cover items such as inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that revenue margins are too thin. Lots of organisations fall under a revolving door of taking on debt as a way to pay back 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 agreements with suppliers that should be met or may lead to fines if canceled early.

Understand the Customer Base, Competition and Area Demographics

How do companies in the Lauderdale County - Florence, Alabama area draw in brand-new consumers? Often times, businesses have repeat consumers, which develop the core of their day-to-day revenues. Specific variables such as new competitors growing up around the area, roadway building, and also personnel turn over can influence repeat customers and also adversely impact future revenues. One important point to consider is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business on a regular basis, the greater the opportunity to build a returning client base. A final idea is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the outside border of town? Just how might the regional average household earnings impact future revenue potential?