Asking Price: $300,000 Gross Revenue: $740,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $900 included in asking priceFF&E: Not Disclosed 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.
A leader in the industry with fragmented, weak competition. 60% residential work, 40% commercial work. Repeat customer base with a high average ticket in excess of $2,000.
Most competitors charge lower prices. Pricing is NOT a key differentiator for this business. The business has relationships with two national suppliers that enable the company to negotiate lower pricing for supplies and offer a warranty that no competitor in the industry can match.
Do you want a business with a proposition that cannot be matched by competitors?
Do you want a business with full training and support included in the price, including mentorship from other business owners in the system?Do you want a business model that can be quickly grown with high margins and low fixed expenses? One franchisee does over $20 million per year in revenue.
Do you want a business that is automated using proprietary technology?
Inquire today, you have nothing to lose.
Financing: Financing options can be explored from a third party. Contact Morgan & Westfield for these options.
This is an established business. This is neither a new franchise nor a start-up opportunity. Long-term training and support are provided by the franchisor. Absolutely no experience is required to operate this franchise.
***Please look for an email titled "Morgan & Westfield - Service Franchise; Residential & Commercial Painting” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement.***
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.