Asking Price: $95,000 Gross Revenue: $538,000Cash Flow: $63,400 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $6,000 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.
Do you have the desire to scale your business to something large? This is a low overhead business with no inventory, no store front, and a low employee sub-contractor model. There are multiple sources of revenue from both residential and commercial clientele.
No previous experience is required because the franchisor provides the training, systems and support for all key areas of business ownership.
Just a few of the many additional 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
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.
Marketplace is under-served by contractors that deliver less than professional experience to customers. 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.)
Growth & Expansion:
This franchise is a leader in an extremely fragmented $40 Billion industry that has unlimited potential built upon the need to paint properties every three to seven years. Seller has barely touched the surface of all Residential, Local Commercial, and Property Managers. National Accounts business available. The market is huge. Technology could make other businesses obsolete. But painting? The market is only getting bigger.
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.