Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Rapidly Growing Fire,water & Mold Remediation Company - E2 Visa Qualified!

LISTING DETAILS
Firms For Sale ID:
29215
Vendor reference:
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$535,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$200,000 - $500,000
Net profit / cashflow:
$107,061
Years established:
2010
Trading hours:
8 am - 5 pm with call-outs
Number of employees:
6

OTHER DETAILS
Reason for selling:
Call Broker
Financing available:
To be disclosed after NCND is signed.
Financing available:
Bank finaning available to qualified buyer with $150,000 down payment. Bank loan included $50,000 to buyer for working capital.
Support and training:
2-4 weeks
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease length:
1
Lease remaining:
1
Lease terms:
New lease can be obtained by owner.
Rent:
$9,420 per annum
 
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BUSINESS DESCRIPTION
This is a rapidly growing business, with 2012 sales on track
to beat 2011 sales by 36%! The current owners just started
the business in June of 2010 and it continues to grow, month
after month. The 2012 numbers shown above are based on
the revenues generate through August 14 and annualized for
the entire year. The business has been pre-approved by an
SBA lender with a down payment of $150,000 for a qualified
buyer on a 10 year loan, with monthly payments of $3,508 for
the SBA loan and $920 on the Seller-held note.. This includes
$50,000 in working capital for the buyer. The buyer will have
to be approved by corporate as a franchisee The business
has been priced based on 2011 financials. However, if the
business meets the 2012 projections, the price will be raised
to $685,000, based on projected owner benefits of 181,000 x
3.4 multiple plus assets. This is an incredible opportunity for a
buyer to purchase the business with a very likely chance of
having a significant amount of equity included. E-2 visa
qualified. NO CO-BROKERING FEES
PAID. Cooperating brokers must be paid by the Buyer.

Expansion Potential
New franchises could be added on to quadruple the business.

Market / Competition / Non-Competition Agreements
moderate