½ Price plus $50k Down – Multi-State Restoration Franchise

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Asking Price:
$149,000

Gross Revenue:
$600,000
Cash Flow:
$150,000
EBITDA:
$600,000
Inventory:
$2,000
not included in asking price

FF&E:
$110,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Once in a lifetime opportunity to own the largest multi-state Delta Restoration Franchise. $450,000 spent on all required equipment and exclusive franchise territories. Yours for just $149,000. Plus, the seller will finance much of the purchase price to a qualified buyer! Seller will also pay buyer’s rent payments for the first 90 days, and no royalties paid for the first 5 months.

Purchase includes ~$225,000 area development agreement, over $110k in vehicles, trailers, and restoration equipment, plus a fully furnished office.

3 large territories stretching west from near New Orleans, LA. and east to Pensacola, FL. then north to Montgomery, AL. and Jackson, Ms. Also included in this area is Columbus, GA. This region is at the epicenter of “hurricane alley”. All 3 territories serve over 6,000,000 customers. The seller lives in Colorado and also owns multi-unit food franchises in Colorado. He has decided to sell this multi-territory franchise to an owner-operator that has the bandwidth to grow the region quickly.

Current and new services to be offered include restoration related to fire, water, sewer, mold, asbestos, crime scene, duct cleaning, remodeling, and repair.

In operation only 1 ½ years and already has shown profitability! Revenues and earnings disclosed were based on 2018 financials. However, most of the staff has been intentionally downsized. The business requires an owner operator that will develop and new team and focus on details.

The Franchisor statistics show that each of the 3 territories could generated $4MM or more in revenue.

Upon receipt of buyer profile, broker can send a complete marketing packet including a video interview with the seller.

About the Business

Location:
Jackson, Alabama
Year Established:
2017
Number of Employees:
1
Facilities:
Large 7500 sq.ft.of furnished office/ shop combo in Mobile, AL. Tons of room for growth. Can keep current location or can be relocated.
Website:
www.deltaeasterngulfstates.com
Market Outlook/
Competition:
Delta franchise is growing by more than 10 regions per month. Dominant player in the industry. Preferred vendor agreements and third-party vendor agreements in place at a national level.
Growth & Expansion:
Unlimited growth opportunities. Start with existing Mobile territory. Expand into 2nd region within 24 months, and enter the 3rd region with 36 months.
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About the Sale

Reason For Selling:
Seller owns multi-unit food franchises in Colorado and wants to focus on them.
Training/Support:
Franchisor to provided corporate training and certification as part of franchise transfer process. Seller to provide adequate assistance as well.
Seller Financing:
Seller will provide financing to qualified buyer

Listing Info

ID:
1643495
Ad Detail Views:
197

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Business Listed by

Eric Payne

Venture Advocates
License# 100079601

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