Asking Price: $149,000 Gross Revenue: $600,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $2,000 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.
Rare opportunity to own a fast growing business with an unparalleled opportunity to expand throughout an exclusive, protected franchise territory -- with an average annual family income over $100,000.
This business is built around an Executive Business Model that has made it possible for owners to achieve a level of success beyond their dreams. No previous experience is required because the franchise network provides tremendous painting knowledge, marketing and administrative systems.
Priced below market at just $30K down at 7% interest over a 10 year term.
A few of the many advantages include:
-- Cash business, limited receivables
-- M-F daytime hours. No nights or weekends
-- Marketing driven business model vs. direct selling
-- National group buying power.
-- Operating in a niche with no clear national brand
-- Sophisticated Internet strategy to drive leads
Have a 401k or IRA? Use it to buy this business with NO tax penalties.
Everything is already established for web presence, advertising, social media, and local and national business marketing. And you will have access to a wealth of proven marketing resources, marketing knowledge and support.
About the Business
Number of Employees:
Big upside in residential market with commercial opportunities virtually untapped. The franchiser's professional approach and time-tested systems make it pretty easy to win business. (Everyone has heard stories of the painter that didn’t show up on time, the guy who didn’t finish the job, the person who took payment and ran off with it. These are the people you compete with.) Clients in our area respect the predictability and quality we have provided.
Growth & Expansion:
The market is huge. Technology could make other businesses obsolete. But painting? The market is only getting bigger.
Top notch training backed by proven marketing and scheduling methods. New franchise owner will receive detailed instruction on time-tested systems covering every facet of the business -- from van logistics to software to hiring and marketing.
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.