Commercial Janitorial Master Franchise Resale Available Central Nc

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Asking Price:
$375,000

Gross Revenue:
$1,440,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Business Description: This opportunity is extremely well run and covers a territory that is experiencing phenomenal growth. This master franchise, part of an expanding $100 billion industry, is positioned to grow at an even greater rate than the surrounding community. With an extraordinary client retention rate of 99.24% this existing service business continues to grow mostly from existing client referrals. The ground work has already been laid for you. It is operated from an executive office that allows you to guide your business rather than work in your business. Central North Carolina is growing rapidly and if you are considering a serious profitable business that is growing we need to talk. Annual sales are approximately $1,440,576.00 but projected to reach 1.6 million in 2017.$10,000 franchise transfer fee. The asking price includes three Master Franchise Territories. The franchisor is currently offering Master Franchise Territories for $59,000 each.

Asking Price REDUCED = $375,000 Includes Three Master Franchise Territories
SDE 2017 = $171,000

About the Business

Year Established:
2009
Relocatable:
Yes
Franchise:
Yes
Real Estate:
Leased
Facilities:
Business Description: This opportunity is extremely well run and covers a territory that is experiencing phenomenal growth. This master franchise, part of an expanding $100 billion industry, is positioned to grow at an even greater rate than the surrounding community. With an extraordinary client retention rate of 99.24% this existing service business continues to grow mostly from existing client referrals. The ground work has already been laid for you. It is operated from an executive office that allows you to guide your business rather than work in your business. Central North Carolina is growing rapidly and if you are considering a serious profitable business that is growing we need to talk. Annual sales are approximately $1,440,576.00 but projected to reach 1.6 million in 2017.$10,000 franchise transfer fee. The asking price includes three Master Franchise Territories. The franchisor is currently offering Master Franchise Territories for $59,000 each.

Asking Price = $449,000 Includes Three Master Franchise Territories
SDE 2016 = $177,000 Approximate Projected SDE 2017 = $ 220,000
Market Outlook/
Competition:
Markets: According to the Triangle Business Journal article by Rebecca Troyer, “Growth Surge! Raleigh Population to Swell by 50% Between 2010 and 2030” refers to a recent report by Urban Institute summarized by UNC-Chapel Hill’s Carolina Demography Institute. Leasable office space has increased from 52.2 million square feet 4th Q in 2016 to 52.9 million square feet in 1st Q 2017 according to Triangle Business Journal’ publication “Space Commercial Real Estate Quarterly 1Q 2017.” The growth potential is obvious and off space is a targeted market for this existing successful commercial service business. Central North Carolina is not only Raleigh. According to www.bestplaces.net this commercial based industry in Durham is growing by 4.77%, well above the national average of 3.97% (3/19/2016) for this industry. According to www.wral.com Philip Culpepper, spokesman for Preston Development the increase population in Pittsboro could be from currently 3,000 to 60,000 in 30 years.
Growth & Expansion:
Strengths:
• Successful Corporate Management system in place
• Extraordinary service 99.24% client retention rate
• Guidance and education to create successful franchisees that manage their own business
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About the Sale

Reason For Selling:
other business interests
Training/Support:
Support and on going training are through the Franchisor.

Listing Info

ID:
1262693
Ad Detail Views:
812

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Business Listed by

Ray Canoy

Transworld Busines Advisors of Durham

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U.S. Census Data for North Carolina
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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