Franchised Personal Service Company
Location: Michigan > Oakland County
Industry: Personal > Other Personal Prod. and Services
Financials
Asking Price: $300,000
Gross Revenue: $667,000
Gross Revenue Comments: From 2006
Cash Flow: $99,000
FF&E: $20,000 (Included in Asking Price)
Seller Financing: NO
Business Summary
As part of an International Franchise Organization that is considered to be one of the premier providers of this specialized consumer service, the Company will be easily transitioned to the right buyer. A highly skilled office staff coordinates all operational activities and is likely to be available for re-employment with a new owner. The Franchise Territory includes, Oakland, Washtenaw, Lapeer, Genesee, St. Clair, Livingston and Macomb Counties. Demographics within this area provide a huge market for this company's service.
About the Business
Year Established: 2004
Employees: 2 full time -
Franchise: Yes
Facilities: Currently there are two facilities in use. The headquarters office location has approximately 3 years left on the lease. All office functions are performed at this site. The other location, just outside Metro Detroit, has approximately one year left on the lease and is used only as a conference room. The business could operate without this location.
Market Outlook and Competition: The Company is unique in how it conducts it's activities around it's clients. From this standpoint, there is no competition. The exclusive franchise territory includes the best counties in Southeastern Michigan including Oakland and Washtenaw counties. Business could be doubled with the addition of one or two sales directors trained within the proven franchise system. The new owner would hire, manage and train with the current support staff and computer system able to handle the increase in business within the current headquarter location.
About the Sale
Management Training and Support: Owner will provide 80 hours of training over a 30 day period. The franchise requires 2 weeks of training at their location.
Reason For Selling: Other business interests.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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