Asking Price: $250,000 Gross Revenue: $1,200,000Cash Flow: $326,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $200,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This business consists of the proven product concept, which is a unique pop-up camper/truck topper made from fiberglass and cloth that has a high level of comfort and versatility. The current owner has also created the manufacturing equipment needed to manufacture the camper, which is an integral part of the business as well. The unique aspect of this pop-up is that it maintains the dimensions of the pickup when in its folded position, which improves truck performance and stability while traveling. When expanded, the pop-up provides adequate standing room, 9’ width, as well as the comforts of beds, lighting and heat, while strong materials keep out the elements, eliminating the need for a separate trailer.
About the Business
The business is currently non-operational. Key manufacturing equipment is stored in Idaho, so the business could be relocated anywhere in the U.S.
The current owner started this business in 2013, with the hopes of setting up a formal production line to produce and sell the product. Production lines were operational for a period, ending approximately two years ago. Currently, the assets include raw materials (parts), a demo model, as well as manufacturing forms and equipment, a CAD program, over 1700 customer contacts, and vendor relationships, all of which are included as a part of the sale.
There are other pop-up campers that are sold but are either significantly more expensive and/or are set on pull-behind trailers. Therefore, the competitive advantage of this product is the ease of use by using the existing cargo bed of a pickup truck, thus negating the need for a trailer.
Growth & Expansion:
Since this product is still in the early production phase, there is substantial opportunity for growth. The current owner has set up a website and continues to receive two inquiries a week for this product with no advertising or SEO investment. Once production is underway, there is definite pent-up demand for this unique solution to back country camping experiences.
Unique Opportunity to Start Production – Pop-Up Camper Truck Topper
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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