Business Overview

Franchise owner is retiring and has really only serviced his existing customers. There is plenty of room for growth.
Number of Teams = 4
Number of Employees = 8
Number of Vehicles = 5
Revenue for 2021 = $371,501

Our franchise is a reliable, scalable business that allows franchisees to develop a loyal clientele that grows week over week, month over month. Our franchisees take advantage of a recurring revenue stream, by building long term relationships with their clients. 33% of our franchisees generate over 1.2 million dollars a year in revenue. Our proprietary cleaning system utilizes the safest solutions available which makes us the most effective, yet safest ,cleaning option in the industry. Our two prong training allows franchisees to be trained by seven figure franchisees that embrace the opportunity to share their best practices with new franchisees. We are a great community of franchisees with 35 years of experience, while remaining innovators in our industry.

Financial

  • Asking Price: $200,000
  • 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
Purpose For Selling:

Owner is retiring

Established Franchise:

This Business Is An Established Franchise

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell businesses. However, the real reason vs the one they tell you may be 2 absolutely different things. As an example, they might state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be justifications to try to hide the reality of transforming demographics, increased competitors, recent decrease in profits, or a range of other factors. This is why it is really essential that you not count absolutely on a seller's word, yet rather, utilize the vendor's answer along with your overall due diligence. This will repaint a much more reasonable picture of the business's current scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous businesses finance loans so as to cover items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can imply that profit margins are too tight. Lots of businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that have to be satisfied or may cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location draw in new customers? Many times, businesses have repeat customers, which develop the core of their daily revenues. Certain variables such as brand-new competition sprouting up around the location, roadway building and construction, and also employee turn over can influence repeat customers and negatively affect future earnings. One important point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Clearly, the more people that see the business regularly, the greater the opportunity to build a returning client base. A final thought is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? Exactly how might the local median home earnings impact future revenue potential?