Listing ID: 82100
For sale: a well-established, and highly profitable totally “turn-key” business. It is an 8-year established franchise business but still plenty of room left for continued growth. This executive business fits a new owner who can manage people and tasks effectively. A salaried GM or the new business owner will run this high-volume unit. This past August 2021, this specific unit broke the all-time franchise system record for sales in a month. Also, this unit has been inducted into the prestigious “President’s Club” the past two years in a row – 2020 and 2021. The new owner will be able to take advantage of increasing lead flows from a strong internet presence and the large and active customer base already inside the system. Local online reviews are excellent! There is currently a great mix of roughly 75% residential and 25% commercial customers in place. Franchisor is one of the world’s largest, most successful B2B franchises and one of a handful of franchises designated as a World Class Franchise with successful and highly satisfied franchisees. No experience needed as full training and support will be provided. This business has recession-resistant products and services with multiple revenue streams.
Other Business Highlights Include:
-Traditional business hours, Mon – Fri, 9 – 5.
-High percentage of repeat business.
-High gross profit margins.
-Professional, skilled employees.
-National franchise with strong marketing, training and support.
Contact Rick for more information about this business at 267-474-7084.
- Asking Price: $1,400,000
- Cash Flow: $300,000
- Gross Revenue: $2,020,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 2014
- 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
Includes FF&E, Inventory and Accounts Receivable. Contact for detailed information about this business.
Full training and support will be provided.
Contact for this information.
Highly respected name in the industry.
Continual demand allows for long-term growth of this business.
The company was founded in 2014, making the business 8 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell operating businesses. Nevertheless, the true reason vs the one they tell you might be 2 totally different things. As an example, they may say "I have a lot of other commitments" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these may simply be reasons to attempt to hide the reality of changing demographics, increased competitors, current decrease in earnings, or a range of various other factors. This is why it is extremely vital that you not depend absolutely on a vendor's word, yet instead, utilize the seller's answer in conjunction with your general due diligence. This will paint a much more reasonable image of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Many companies finance loans so as to cover items like supplies, payroll, accounts payable, and so on. Remember that sometimes this can suggest that profit margins are too tight. Numerous organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be satisfied or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location draw in new customers? Often times, companies have repeat consumers, which develop the core of their day-to-day earnings. Particular aspects such as new competitors growing up around the area, road building and construction, as well as staff turn over can influence repeat consumers as well as adversely impact future profits. One crucial thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Obviously, the more individuals that see the business regularly, the greater the chance to construct a returning customer base. A last idea is the general 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 home earnings influence future revenue potential?