Existing business with National Accounts currently handled by the Corporate office in Ohio. The business is generating enough margin from day one to cover approximately $210,000 in financing.
Overview of Services Provided:
This is a facility service management organization. Individuals responsible for facility services select us to handle all their facility service needs ranging from inside services (commercial cleaning services, hard floor care, window cleaning, etc.) to outside services (commercial landscaping, parking lot services, lighting maintenance,etc.) and virtually any other facility service need.
Large Exclusive Territory with over 1.5 million Population and over 75,000 employer businesses.
About the Business
Number of Employees:
The assets are the proprietary software, the existing client base, and national accounts.
Our proprietary software gives our franchisees a huge competitive edge. That competitive edge is why our customer retention rate is so high. In fact many time the competitors become our subcontractors. With only a 1% share of the market, the potential of the Knoxville market would exceed 1 million in revenue.
Growth & Expansion:
There are over 75,627 businesses within the territory. Since there is no other competitor that offers the customer what this business model has with their software, even a small penetration of 1% or 2% of the market would yield strong returns. The revenue generated is reoccurring and the client retention ratio is very high.
Corporate owned location that is currently operating remotely.
3 days at corporate,9 days within the franchise territory. Corporate will provide over 400 man hours of training and support in the first 6 months.
Financing through 3rd party. Funds available 30/45 days to qualified applicant
Ad Detail Views:
Asking Price: $215,000 Gross Revenue: Not DisclosedCash Flow: $84,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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. See our
full Terms & Conditions.