Listing ID: 6630

Business Overview

The owner is retiring and is motivated to enter a well-deserved retirement. Visit this business, investigate the opportunity and make an offer!

After 20+ years in business, the seller is retiring and seeking an individual or couple who would like to acquire and manage their own fun, profitable business. The seller is committed to a seamless transition and will thoroughly train a new owner in all phases of the business.

The business operates from a large facility of approximately 6,000 square feet in an attractive shopping center. The inventory for resale varies seasonally and is therefore not included in the asking price, but will be counted, verified and handled separately. The seller will consider financing a portion of the inventory for a new owner, so it can be paid for as sold.

The business has good books and records documenting a successful track record.

Consider the advantages of investing in this business:
– The product line has been tested and proven.
– Trained employees are already in place.
– Quality vendor relationships are established.
– The location is well known and advantageous.
– Operational systems are in place.
– The seller is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business.
– The business offers an ideal platform for additional locations in other markets or for franchising nationally.

And perhaps most important of all is the fact that the new owner will experience positive cash flow from day one of ownership.

For additional information on this rare offering, please email William Bruce from this website.

Financial

  • Asking Price: $163,500
  • Cash Flow: $70,459
  • Gross Revenue: $415,642
  • EBITDA: $
  • FF&E: $
  • Inventory: $
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Building Square Footage:6,000 Sq Ft
  • Furniture, Fixtures and Equipment:$
Purpose For Selling:

Retirement after a couple of successful decades of owning this business.

Addition Info

The venture was started in N/A, making the business 2020 years old.
The sale shall not include inventory valued at N/A, which ins't included in the suggested price.

Also, Furniture, fixtures and equipment valued at N/A won't be included in the suggested price.
The property is leased by the business for $4,900 /Month

3 Things to Consider When Researching businesses for sale in Calhoun County, Alabama

Acquiring a company is one of the greatest choices you will certainly make in your lifetime. Picking intelligently can result in incredible economic benefits for you, your loved ones, and your retirement. Nevertheless, in order to make an appropriate choice, you need to take into consideration numerous things.|In order to make an appropriate decision, you need to consider numerous things.} Below are 3 important items to consider prior to purchasing a company in Calhoun County, Alabama.

Why is the Current Owner Selling The Business?

{There are all kinds of reasons people resolve to sell companies. Nevertheless, the genuine factor and the one they say to you might be 2 entirely different things. For instance, they might state "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might just be justifications to try to conceal 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 depend absolutely on a vendor's word, however instead, make use of the seller's response in conjunction with your total due diligence. This will repaint an extra reasonable picture of the business's current situation.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of businesses take out loans so as to cover items like supplies, payroll, accounts payable, and so on. Remember that sometimes this can indicate that profit margins are too thin. Many companies 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 commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that should be fulfilled or might lead to charges if canceled early.

Understand the Customer Base, Competition and Area Demographics

Exactly how do businesses in the Calhoun County, Alabama location draw in brand-new clients? Often times, operating businesses have repeat customers, which create the core of their daily profits. Particular elements such as brand-new competition growing up around the location, road building, as well as personnel turnover can affect repeat clients as well as negatively influence future earnings. One vital point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business often, the better the opportunity to develop a returning client base. A last thought is the basic location demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? How might the regional median household income influence future revenue prospects?