Listing ID: 77306
Financing Options Available for Qualified Buyers
Take advantage of the growing construction/remodeling in the residential property industry!
• Ten territories in Orange County that are already in operation
• Priced between $40,000 to $65,000 per territory
• Each territory is sold separately
• Availability of the territories is on a first-come-first-served basis
• All but one territory is at a discounted price compared to prime territories from the franchisor
• The owners have been successfully managing this business for the last 25 years
• Seller will pay for the franchise transfer fee
• A book of business per territory will be given to the buyer
• Buyer must have a General Contractor license or may lease an RMO license (Franchisor preferred RMO agencies)
• Buyer must also meet the franchisor’s qualifications
We will need a completed financial summary, a signed NDA, and proof of funds to provide detailed information. We offer financing options through a third party that will qualify the buyers independently.
To get started, please contact Matt Manavi at firstname.lastname@example.org or call 714-923-1222.
- Asking Price: $50,000
- Cash Flow: N/A
- 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 sorts of reasons people decide to sell operating businesses. Nevertheless, the genuine reason and the one they tell you may be 2 totally different things. For instance, they may claim "I have too many various obligations" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these may just be reasons to attempt to conceal the reality of altering demographics, increased competitors, current decrease in incomes, or an array of various other reasons. This is why it is extremely essential that you not rely absolutely on a vendor's word, however rather, make use of the vendor's answer along with your general due diligence. This will repaint a more reasonable image of the business's present situation.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Lots of companies borrow money so as to cover things such as stock, payroll, accounts payable, etc. Keep in mind that sometimes this can mean that profit margins are too thin. Lots of organisations come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that must be fulfilled or may cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area draw in new consumers? Many times, companies have repeat consumers, which form the core of their daily profits. Specific elements such as brand-new competitors growing up around the area, road building and construction, and also employee turnover can impact repeat consumers and negatively affect future earnings. One important thing to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more people that see the business often, the greater the possibility to construct a returning customer base. A last idea is the general area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Just how might the neighborhood median family income impact future revenue potential?