Listing ID: 83373
Here’s your chance to own Central Maine’s priemere home inspection franchise. This opportunity features a best in class automated software platform that makes reports and order entry a dream! In addition, this franchise offers industry leading training and support. Everything you need to be successfull is included in this unique opportunity. This franchise IS NOW CLOSED to new franchisees so a chance such as this to lock in the Central Maine market WILL NOT HAPPEN AGAIN SOON! Don’t wait! Let’s get the ball rolling on getting you a fantastic career in a field where demand just keeps growing and growing!
- Asking Price: $195,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
other business venture
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell operating businesses. However, the genuine factor and the one they tell you might be 2 absolutely different things. For instance, they might state "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these may simply be reasons to attempt to hide the reality of altering demographics, increased competition, recent reduction in revenues, or a range of various other reasons. This is why it is very crucial that you not depend entirely on a seller's word, however rather, make use of the vendor's response combined with your overall due diligence. This will paint an extra practical image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies borrow money with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can mean that profit margins are too thin. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that need to be fulfilled or might result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in new consumers? Most times, businesses have repeat consumers, which develop the core of their everyday earnings. Certain aspects such as new competitors sprouting up around the area, road construction, as well as staff turn over can impact repeat clients as well as negatively affect future revenues. One crucial thing to think about is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business regularly, the greater the chance to construct a returning consumer base. A last idea is the general location demographics. Is the business situated in a largely populated city, or is it located on the outside border of town? How might the local mean house earnings influence future income potential?