Business Overview

SELLER FINANCING! Buyer only needs to put down 20% ($23,000) to own this business. You will make your down payment back in less than 5 months! After paying your Loan you will make $62,000!

Owner is running absentee and has a strong staff in place!

This is a unique opportunity since this owner owns 3 different concept service businesses under one roof doing Carpet, Air Duct & Power Wash Cleaning. This business has been run for 18 years and seller is ready to retire. All three businesses are run out of one building.

This business has a Loyal Customer database, Well-known Brand name, and long term Skilled dependable employees.

Financial

  • Asking Price: $115,000
  • Cash Flow: $83,683
  • Gross Revenue: $301,939
  • EBITDA: N/A
  • FF&E: $60,000
  • Inventory: $10,000
  • Inventory Included: Yes
  • Established: 1991

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:3
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Retirement.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was established in 1991, making the business 31 years old.
The transaction will 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 businesses. Nevertheless, the real reason and the one they say to you might be 2 entirely different things. For instance, they may state "I have way too many various obligations" or "I am retiring". For many sellers, these factors stand. However, for some, these might just be reasons to try to hide the reality of transforming demographics, increased competitors, recent reduction in earnings, or a range of other factors. This is why it is extremely crucial that you not rely completely on a vendor's word, however rather, make use of the vendor's answer together 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 many companies are, then you will certainly need to consider this when valuating/preparing your deal. Many operating businesses take out loans with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can suggest that revenue margins are too small. Numerous businesses fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be satisfied or might result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in new clients? Many times, businesses have repeat customers, which create the core of their everyday earnings. Particular elements such as brand-new competition sprouting up around the area, road building, as well as personnel turnover can affect repeat consumers and adversely influence future incomes. One crucial point to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business often, the higher the opportunity to build a returning consumer base. A last thought is the general area demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? How might the regional median house earnings influence future revenue potential?