Listing ID: 69985
Business Overview
This Turn Key operation has been cash flowing well into 6 Digits for many years.
Comes with a full book of customers and 2 service Vans.
By joining this environmental franchise, you are entering into a strong, recession-resistant industry valued by IBIS World at $210 billion. The combination of aging infrastructure, poor building techniques, and the increase in extreme weather has created a mold and moisture problem across the nation. This means there will always be a need for our services, even when the economy is low.
The exponential growth in the restoration industry coupled with the potential for high margins has brought increased competition to the market. But not all restoration brands are created equal. Ours is at the front of the pack, bringing our franchise owners a trusted brand, a remarkable business model, and unparalleled franchisee support. We are rapidly becoming the leading remediation and restoration franchise system in the country by merely doing things better.
• Over $170k average net Cash Flow/SDE over last 3 years!
• Fully Turn Key and Cash Flowing
• Multiple Years of 6 Digit Profits
• Multiple Service Vans
• Full Franchise Support and Systems
• Too Many Positives to list here
• Includes 2 Service Vans
Only asking Price $425k
Information deemed reliable but not guaranteed.
Buyer to verify all information prior to purchase.
Financial
- Asking Price: $425,000
- Cash Flow: $170,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell operating businesses. Nevertheless, the real factor and the one they say to you may be 2 completely different things. As an example, they may say "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might just be excuses to try to hide the reality of changing demographics, increased competition, recent decrease in incomes, or a variety of various other reasons. This is why it is very vital that you not rely totally on a vendor's word, yet rather, make use of the seller's response along with your total due diligence. This will repaint a more reasonable picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of operating businesses finance loans so as to cover items such as supplies, payroll, accounts payable, and so on. Bear in mind that occasionally this can mean that profit margins are too small. Lots of organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that should be fulfilled or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location bring in brand-new customers? Often times, operating businesses have repeat customers, which create the core of their everyday earnings. Specific factors such as new competition growing up around the location, roadway construction, as well as staff turnover can affect repeat consumers and adversely impact future earnings. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business often, the better the possibility to develop a returning client base. A last idea is the basic location demographics. Is the business situated in a densely populated city, or is it situated on the edge of town? Exactly how might the regional mean household earnings effect future earnings potential?