Listing ID: 82134
A turn-key and well-established business is for sale. The sale price includes all FF&E and Inventory. This is a high net profits franchise business but still plenty of room for continued growth. This executively managed 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 business. 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. Google reviews are excellent! 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.
Additional Business Highlights Include:
• Traditional business hours, Mon – Fri, 9 – 5.
• High percentage of repeat business.
• High net profit margins.
• Professional, skilled employees.
• Technology driven.
• National franchise with strong marketing, training and support.
Contact Todd for detailed information about this business at 516-767-0605.
- Asking Price: $570,000
- Cash Flow: $365,000
- Gross Revenue: $1,270,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 2015
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:4
- 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.
Exceptional name in the industry.
Continually growing demand allows for long-term growth of this business.
The company was founded in 2015, making the business 7 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. Nevertheless, the true reason vs the one they say to you may be 2 entirely different things. As an example, they might claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these may just be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in profits, or a range of other factors. This is why it is extremely crucial that you not depend totally on a vendor's word, however instead, make use of the vendor's answer along with your overall due diligence. This will repaint an extra practical image of the business's present situation.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous businesses take out loans in order to cover things like inventory, payroll, accounts payable, and so on. Remember that sometimes this can indicate that profit margins are too tight. Numerous businesses fall into a revolving door of taking loans 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 equipment or the building where the business resides. The business may have existing contracts with suppliers that have to be met or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area draw in new customers? Often times, operating businesses have repeat clients, which form the core of their everyday profits. Particular aspects such as brand-new competitors sprouting up around the area, road building, and employee turn over can affect repeat clients and also adversely impact future revenues. One essential point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Obviously, the more individuals that see the business on a regular basis, the better the chance to develop a returning client base. A last idea is the basic location demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Just how might the local average family income effect future earnings potential?