Asking Price: $1,800,000 Gross Revenue: $2,400,000Cash Flow: $450,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $245,000 included in asking priceReal Estate: $900,000 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.
Professional residential cleaning service. Subject company is a franchisee of a major national franchisor and maintains one of the largest geographical territories in the franchise system. Franchisor provides excellent training and support to its franchisees. Best quality residential cleaning service provided in customer's homes over four county area. Employees are well trained and are in company uniforms. All employees travel in the company's vehicles with business logo.
Business has been SBA prequalified.
About the Business
Number of Employees:
Building Sq. Ft.:
Owner acquired a 3,300 square foot detached building four years ago and customized its renovation to provide desired office and warehouse space. The owner will consider selling the building at current market value as appraised, or lease at market rent which is approximately $5,000 per month.
The business has a prime location in its market and is a dominate franchise provider of residential cleaning services. This franchise has protected territory which is one of the largest and best markets in the entire United States.
Growth & Expansion:
Significant growth possibilities exist. Due to the very large franchise territory and minimal marketing within the territory, a tremendous potential to grow customers and revenue within the territory exists.
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
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