Listing ID: 82728
Business Overview
Are you interested in weekly revenue of $10,000 from a home-based business?
This niche business is your go to company for professional clean-up and bio-remediation. The franchise is nationally known with proven processes and proprietary cleaning products. Service is available 24/7.
Financial
- Asking Price: $425,000
- Cash Flow: $257,253
- Gross Revenue: $478,074
- EBITDA: N/A
- FF&E: $37,814
- Inventory: $10,000
- Inventory Included: Yes
- Established: 2017
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:1
- Furniture, Fixtures and Equipment:N/A
Seller is willing to stay on to ensure a smooth transition and to provide training
Other Interests
There are only a few companies that offer all the services that this franchise offers. This company is one of the top cleaning companies in the region with 25% year over year sales growth!
There is ample room for growth in this business by adding a sales person or general manager and with more marketing. Connecting with additional insurance companies and the commercial businesses could improve the bottom line.
Additional Info
The business was established in 2017, making the business 5 years old.
The deal shall include inventory valued at $10,000, which is included in the listing price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals decide to sell operating businesses. Nonetheless, the genuine factor and the one they tell you might be 2 completely different things. As an example, they may state "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might simply be justifications to try to conceal the reality of altering demographics, increased competitors, current decrease in earnings, or a variety of various other reasons. This is why it is extremely essential that you not rely entirely on a seller's word, yet instead, make use of the seller's solution combined with your overall due diligence. This will paint an extra realistic picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies borrow money with the purpose of covering points such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can indicate that revenue margins are too thin. Numerous companies fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be fulfilled or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location bring in new clients? Many times, companies have repeat consumers, which develop the core of their day-to-day profits. Particular aspects such as new competition sprouting up around the area, roadway building, and also employee turn over can affect repeat customers and negatively influence future earnings. One essential point to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business often, the higher the opportunity to develop a returning customer base. A final idea is the general area demographics. Is the business placed in a largely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood mean house earnings effect future income potential?
