Asking Price: $1,100,000 Gross Revenue: $2,464,873Cash Flow: $351,522 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $400,000 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.
This is a well-established Franchise that specializes in 24 hour certified residential and commercial Water Damage Restoration, Fire Damage Restoration, Mold Remediation, Oil Spill and Vandalism Cleanup along with Residential Cleaning. The Franchise also specializes in pack out services as needed. They employ experts to quickly get your property back to its pre-loss condition as quickly and efficiently as possible. The Franchise has been owner operated for over 29 years and holds 2 Franchise agreements which cover Harford County, Baltimore County and Baltimore City. The business currently operates with 12 full-time and 2 part-time well trained and knowledgeable employees. Revenue for 2018 projects to exceed $2MM. Seller Discretionary Earnings have consistently topped $300,000. This Franchise is an excellent opportunity to own a well-established and profitable business that serves a large metropolitan region.
About the Business
Number of Employees:
12 FT/2 PT
The Franchise is currently located in a 10,000 sq. ft. facility split between office and warehouse space in a small industrial park in Harford County.
There are 89 competitors in the market area. This Franchise ranks above the Industry average in both sales and revenues.
Growth & Expansion:
With a full time marketing person in place this business has the potential to grow into the top 10 percentile of the industry in the market area. If the sales per employee were increased to the market level the new owner would realize in excess of $8,000 in owner earrings per employee. The new owner could also expand the carpet cleaning and janitorial services offered.
Will train for 12 weeks @ $0 cost. The Franchise provides a wide array of services: Fire Restoration, Water Restoration, Mold Remediation, Oil Spill Cleanup, Vandalism Cleanup, Residential Cleaning, Pack out Services and other Disaster Cleanup. The Franchisor requires Training and Certification for the services provided by the business. The State of Maryland requires no special licenses or certificates for the services rendered.
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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
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