Asking Price: $599,000 Gross Revenue: $1,688,000Cash Flow: $261,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $1,280,000 not included in asking priceShare 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.
**UPDATED INFORMATION/MOTIVATED SELLER** A well-known franchise specializing in property restoration for both residential and commercial customers due to damages caused by water, fire and mold, is available for sale. This franchise location ranks in the Top 90th percentile among other franchisees, and has been highly profitable year over year, with 2017 owner’s cash flow of $261,000! These franchise locations are highly desirable, and this owner is only selling due to relocation out of state.
This franchise has been well-maintained and well-managed. It is a terrific opportunity to own a steady income-producing organization where most of the business results from internet searches by customers. An owner with strong sales skills can further grow the business through networking with referral sources.
About the Business
Number of Employees:
9 FT / 2 PT
The newer building is in an area of high visibility and is in excellent condition with a long-term reasonable lease for a purchaser. The team has a full selection of fully-functioning equipment, which will transfer with the business acquisition.
The building is available separately, for purchase, for $1,280,000 and has multiple tenants/additional sources of income.
Growth & Expansion:
Opportunity to grow the business through more marketing and networking with referral sources
*PRICE REDUCTION* Leading Disaster Restoration Franchise Location
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.