Business Overview

Sales are up 30% this year over last on this Metro St Louis, franchised service business! This owner has numerous clients in place, trained drivers, and a well-maintained fleet of trucks. Situated on a very affordable lot there is plenty of room for expansion. Current owner and franchisor are more than capable and willing to train a new owner to help ensure their success. Please call or email Ken Kunkel at 636-346-0293 / kkunkel@fusionadvantge.com to get more information on this FAST- GROWING business listing ID# 1070KK and others.
Please call or email Ken Kunkel at 636-346-0293 / kkunkel@fusionadvantge.com to get more information on this FAST- GROWING business listing ID# 1018KK and others.

Financial

  • Asking Price: $880,000
  • Cash Flow: $145,705
  • Gross Revenue: $741,129
  • EBITDA: N/A
  • FF&E: $525,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2018

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:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Office space on site is 200sq. ft. and it sits on a large parking lot with plenty of room for trucks and containers.

Is Support & Training Included:

Training and mentoring from franchise

Purpose For Selling:

Moving on

Additional Info

The company was founded in 2018, making the business 4 years old.

The company has 7 employees and is located in a building with estimated square footage of N/A sq ft.
The building is leased by the company for $500 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals resolve to sell companies. Nevertheless, the true factor and the one they say to you might be 2 entirely different things. For instance, they may state "I have a lot of various obligations" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these may simply be justifications to try to hide the reality of altering demographics, increased competition, current reduction in incomes, or a variety of various other reasons. This is why it is very essential that you not rely completely on a vendor's word, yet rather, make use of the vendor's solution combined with your total due diligence. This will repaint a more realistic image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of businesses borrow money in order to cover items such as stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can mean that earnings margins are too small. Lots of businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that need to be fulfilled or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area draw in new customers? Often times, companies have repeat clients, which create the core of their everyday profits. Particular aspects such as new competition sprouting up around the area, road building, and employee turnover can affect repeat clients as well as negatively influence future profits. One important thing to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the greater the possibility to construct a returning client base. A final thought is the basic area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? Just how might the regional typical house earnings impact future earnings prospects?