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Businesses For Sale   >>   Other Entertainment and Leisure Businesses For Sale

Old Niche Travel Related Company For Sale

Location  Missouri,United States
Asking Price Range  < $250K
Gross Revenues  $201227
Net Profit / Cash Flow  $52578
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2004
Number of Employees  1 - 3
Inventory  4000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  The seller will provide thorough training free of charge to a buyer after closing, and will sign a non-compete agreement with terms of 3 years for the entire united states. The seller also wishes to remain with the company as an independent sales agent.
Reason for Sale  Retirement.

Description  
Highlights of Business  Well-established business  Lots of upside potential  Flexible working hours for owner  Seller will finance  Opportunities for free or low-cost vacations for owner  Seller will thoroughly train buyer  Name of business is federally trademarked  Over 10,000 names of previous customers and inquirers in database History of Business The owner started the business in 1994, and now wishes to retire. The business was expanded 2 years ago by adding an additional product. Business Model Many of the company's sales are made online, but some customers visit the company's office. The business uses 23 outside sales agents around the U.S., who are independent contractors, who are paid a commission on sales. Discretionary Earnings Calculations The seller of this business is representing that the Discretionary Earnings of the business for 2013 were $52,578 and that they can prove it to a buyer and their accountant's satisfaction. That is the amount which a buyer would have had available to pay themselves a salary, service the debt from purchasing the business, and provide a Return on Investment on their down payment, had they owned the business in that period and operated it no better nor worse than did the seller. Financing Because the owner believes in the future viability and success of this business, they are offering to finance its purchase, with a down payment of $54,950, with the balance being financed over 60 months at 7% interest, with a balloon payment at the end of 36 months. Employees There are no employees in this business. The seller works about 40 hours in the business on average, and their spouse puts in another 20 hours or so each week, doing back-office work and bookkeeping. This is a fun, profitable business. If you think it might possibly be a fit for you, do not delay in requesting additional information. Call our office at 417 581-8887.


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