Listing ID:
4110-00333
Listing Type:
Exclusive Right of Sale
Price:
$295,000
Down Payment:
$56,000
Category:
Cleaning
County:
Orange
State/Prov:
Florida
Country:
United States
Sales:
$983,609
SDE:
$335,459
A CASH BUYER WITH NO FINANCING CONTINGENCY WHO CAN CLOSE IN 30 DAYS OR LESS WILL GET A $100,000 DISCOUNT ON THE SALE PRICE!
This franchise specializes in mold, water damage, and fire cleanup of Textiles, Electronics, and Art. Founded in 2001, it has expanded with offices in the US, Canada, and the UK, becoming the first company to offer formalized restoration services for clothing and textiles affected by odor, smoke, soot, mildew, and water.
They work with policyholders, insurance representatives, and contractors. All business processes, referral networks, insurance company relationships, and a well-trained and qualified staff are in place. The protected territory covers a 11-county area across Central Florida. Headquartered in a large warehouse in Central Florida, with low rent, and contains office space, a production area, and storage space. The company has recently invested in new equipment, vehicles, and infrastructure to further advance growth opportunities.
The current owner, takes pride in the business being turn-key and will convey opportunities to grow the business further. He has grown the business sales year-over-year and will provide a familiarization period for an incoming buyer. This is an excellent opportunity to step into a well-established and profitable business with a solid foundation and significant growth potential.
TRANSACTION HIGHLIGHTS FOR A QUALIFIED BUYER INCLUDE:
$56,000 Down | $50,000 of Working Capital back to Buyer at Closing | $50,000 Line of Credit
Location:
Greater Orlando
Organization Type:
Incorporated
Hours of Operation:
Mon - Fri, 9:30a - 5:00p / On-Call 24-7
Years Established:
17
Years Owned:
4
Employees FT:
7
Employees PT:
2
Managers:
1
Amount of Hours Owner Works:
40
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
Yes
Is Lender Pre Qualified:
Yes
May Qualify for a Visa:
Yes
Other:
$0
Leasehold Improvements:
$50,000 Included
FF+E:
$220,000 Included
Inventory:
$6,000 Included
Total Assets Included:
$276,000
Monthly Rent:
$5,860
Expiration Date:
2025-06-30
Square Footage:
8,259
Terms and Options:
Negotiable
Building Type:
Office Space, Production Area in Warehouse
Training and Support:
The seller agrees to work in the business for no compensation for 14 days in order to familiarize the buyer with the business.
Non Compete:
The seller agrees to a non compete within 20 miles for 3 years
Owner Qualifications:
General business management.
Financing Summary:
This business is SBA Lender Pre-qualfied for a term of 120 months. Estimated interest rate is 9.50%, with an estimated monthly payment of $6,469. (See Financing Scenario for more details.)
Listing ID: 4110-00333
Listing Type: Exclusive Right of Sale
Price: $295,000
Down Payment: $56,000
Category: Cleaning
County: Orange
State/Prov: Florida
Country: United States
Sales: $983,609
SDE: $335,459
A CASH BUYER WITH NO FINANCING CONTINGENCY WHO CAN CLOSE IN 30 DAYS OR LESS WILL GET A $100,000 DISCOUNT ON THE SALE PRICE!
This franchise specializes in mold, water damage, and fire cleanup of Textiles, Electronics, and Art. Founded in 2001, it has expanded with offices in the US, Canada, and the UK, becoming the first company to offer formalized restoration services for clothing and textiles affected by odor, smoke, soot, mildew, and water.
They work with policyholders, insurance representatives, and contractors. All business processes, referral networks, insurance company relationships, and a well-trained and qualified staff are in place. The protected territory covers a 11-county area across Central Florida. Headquartered in a large warehouse in Central Florida, with low rent, and contains office space, a production area, and storage space. The company has recently invested in new equipment, vehicles, and infrastructure to further advance growth opportunities.
The current owner, takes pride in the business being turn-key and will convey opportunities to grow the business further. He has grown the business sales year-over-year and will provide a familiarization period for an incoming buyer. This is an excellent opportunity to step into a well-established and profitable business with a solid foundation and significant growth potential.
TRANSACTION HIGHLIGHTS FOR A QUALIFIED BUYER INCLUDE:
$56,000 Down | $50,000 of Working Capital back to Buyer at Closing | $50,000 Line of Credit
Location: Greater Orlando
Organization Type: Incorporated
Hours of Operation: Mon - Fri, 9:30a - 5:00p / On-Call 24-7
Years Established: 17
Years Owned: 4
Employees FT: 7
Employees PT: 2
Managers: 1
Amount of Hours Owner Works: 40
Is Relocatable: No
Is Home Based: No
Is a Franchise: Yes
Is Lender Pre Qualified: Yes
May Qualify for a Visa: Yes
GROSS SALES: $983,609
– Costs of Goods Sold: $29,058
= Gross Profit: $954,551
– Total Expenses: $690,682
= Net Before Taxes: $263,869
ADD BACKS
+ Owner(s) Salary: $52,000
+ Benefits: $6,881
+ Interest Expense: $0
+ Depreciation: $0
+ Other $0: $12,709
TOTAL OWNER BENEFIT: $335,459
GROSS SALES: $887,538
– Costs of Goods Sold: $113,630
= Gross Profit: $773,908
– Total Expenses: $794,701
= Net Before Taxes: $-20,793
ADD BACKS
+ Owner(s) Salary: $52,000
+ Benefits: $30,755
+ Interest Expense: $6,105
+ Depreciation: $24,762
+ Other $0: $37,052
TOTAL OWNER BENEFIT: $129,881
GROSS SALES: $1,024,114
– Costs of Goods Sold: $95,082
= Gross Profit: $929,032
– Total Expenses: $798,076
= Net Before Taxes: $130,956
ADD BACKS
+ Owner(s) Salary: $52,000
+ Benefits: $26,640
+ Interest Expense: $13,506
+ Depreciation: $36,499
+ Other $0: $43,847
TOTAL OWNER BENEFIT: $303,448
Inventory: $6,000 Included
FF+E: $220,000 Included
Leasehold Improvements: $50,000 Included
Other: $0
Total Assets Included: $276,000
Monthly Rent: $5,860
Expiration Date: 2025-06-30
Square Footage: 8,259
Terms and Options: Negotiable
Building Type: Office Space, Production Area in Warehouse
Training and Support: The seller agrees to work in the business for no compensation for 14 days in order to familiarize the buyer with the business.
Non Compete: The seller agrees to a non compete within 20 miles for 3 years
Owner Qualifications: General business management.
Financing Summary: This business is SBA Lender Pre-qualfied for a term of 120 months. Estimated interest rate is 9.50%, with an estimated monthly payment of $6,469. (See Financing Scenario for more details.)