Listing ID: 81282
Business Overview
This Squeegee Squad, Exclusive & Established Clark County Franchise territory is the entire territory of Clark County! This is the only Squeegee Squad territory in Nevada! Profitable and fun business which you can literally work out of your home! Easy to run and seller already has a list of OVER 800 CUSTOMERS! Comes with equipment and 2010 Ford Ranger with ladder rack and truck bed tool box. This is an affordable, relocatable and totally ready to go to a new franchisee! For more information on this easy to get into and FANTASTIC opportunity please fill out the “Contact Us” information and an NDA will be sent to you. After you fill out the NDA, you’ll receive the Confidential Business Review.
Financial
- Asking Price: $75,000
- Cash Flow: $42,469
- Gross Revenue: $123,950
- EBITDA: $42,469
- FF&E: $10,050
- Inventory: N/A
- Inventory Included: N/A
- Established: 2018
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:2
- Furniture, Fixtures and Equipment:N/A
Seller works out of their home. Truck can be parked at home. Equipment on truck and in garage or storage shed if you would like. (Home Based)
Seller will provide training for up to 4 weeks via phone, computer and in person gif needed.
Buyer moving to new home in Wyoming
This Business Is Home Based
This Business Is An Established Franchise
Additional Info
The venture was started in 2018, making the business 4 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals resolve to sell companies. Nevertheless, the genuine reason and the one they tell you might be 2 absolutely different things. As an example, they may claim "I have a lot of other responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be excuses to try to conceal the reality of changing demographics, increased competition, recent reduction in incomes, or a variety of other reasons. This is why it is really important that you not rely completely on a seller's word, but rather, make use of the seller's response in conjunction with your general due diligence. This will repaint an extra realistic picture of the business's current situation.
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. Lots of companies borrow money so as to cover items like stock, payroll, accounts payable, etc. Bear in mind that occasionally this can suggest that revenue margins are too tight. Many businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to 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 suppliers that must be satisfied or might cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location attract new consumers? Most times, operating businesses have repeat consumers, which create the core of their day-to-day profits. Particular elements such as new competition sprouting up around the location, road building and construction, and personnel turn over can influence repeat consumers as well as negatively impact future incomes. One crucial point to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the greater the possibility to build a returning client base. A final thought is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? How might the regional typical household earnings impact future income prospects?
