Business Overview

FRANCHISED HOME IMPROVEMENT COMPANY
WITH 29 ZIP CODES INCLUDED IN THE SALE.

This owner is moving out of the area and has listed his franchised home improvement company for sale. last years sales were over $500,000 and seller expects this year to be even better. This is a home-based business with 7 employees in place and could be moved to anywhere in the region. The seller owner benefit for last year was over $90,000 and business is great.
Please call Ken Kunkel at 636 346 0293 or email kkunkel@fusionadvantage.com for more information about listing ID#1079KK.

Financial

  • Asking Price: $325,000
  • Cash Flow: $93,000
  • Gross Revenue: $510,000
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: $2,000
  • Inventory Included: N/A
  • Established: 2020

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:8
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Based

Is Support & Training Included:

Training done in corporate office.

Home Based:

This Business Is Home Based

Additional Info

The business was founded in 2020, making the business 2 years old.
The transaction doesn't include inventory valued at $2,000*, which ins't included in the suggested price.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell businesses. Nevertheless, the true factor vs the one they say to you may be 2 entirely different things. For instance, they might say "I have way too many various commitments" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be justifications to try to hide the reality of changing demographics, increased competition, recent reduction in incomes, or a range of various other factors. This is why it is very important that you not depend absolutely on a vendor's word, yet rather, use the vendor's response along with your total due diligence. This will paint a much more realistic picture of the business's current situation.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies borrow money in order to cover points such as inventory, payroll, accounts payable, and so on. Remember that sometimes this can imply that revenue margins are too small. Lots of businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that must be fulfilled or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area bring in brand-new consumers? Often times, companies have repeat customers, which create the core of their everyday earnings. Specific variables such as new competition sprouting up around the area, roadway construction, and personnel turn over can affect repeat clients and negatively influence future incomes. One crucial thing to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business on a regular basis, the higher the possibility to develop a returning client base. A final idea is the basic area demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? How might the regional typical family income influence future earnings potential?