Profitable Florida Restoration Franchise with Growth Opportunities

General Business Information

Listing ID:

4110-00333

Listing Type:

Exclusive Right of Sale

Price:

$1,050,000

Down Payment:

$177,000

Category:

Cleaning

County:

Orange

State/Prov:

Florida

Country:

United States

Sales:

$1,113,699

SDE:

$257,017

Description of Business

Successful 17-year old Florida franchised business dealing with mold, water damage, and fire cleanup of textiles, electronics, and art. All business processes, referral networks, insurance company relationships, and a well-trained and qualified staff are in place. The company has invested in new equipment, vehicles, and infrastructure to take the company to the next level with
many growth opportunities ahead.
The particular protected territory covers a 11-county area across Central Florida; the original franchise has been around since
2001. The headquarters is a large warehouse in Central Florida, with low rent, and contains office space, a production area, and storage space. The business has clean books, and will likely qualify for SBA financing, and is a viable opportunity for a Visa-related transaction.

Listing Details

Location:

Located in a clean and well kept commerce center with ample parking near restaurants, shopping centers and gas stations.

Organization Type:

Sub-S Corporation

Hours of Operation:

Monday - Friday, 9:30am - 5:00pm / On-Call 24-7

Years Established:

17

Years Owned:

3

Employees FT:

6

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:

No

May Qualify for a Visa:

Yes

Financial Information
INCOME PERIOD, Year
GROSS SALES

– Costs of Goods Sold

= Gross Profit

– Total Expenses

= Net Before Taxes
ADD BACKS

+ Owner(s) Salary

+ Benefits

+ Interest Expense

+ Depreciation

+ Other
TOTAL OWNER BENEFIT
2022
$1,113,699

$43,892

$1,069,807

$877,178

$192,629
$52,000

$9,763

$0

$0

$2,625
$257,017
2021
$948,323

$32,851

$915,472

$789,169

$126,303
$50,000

$16,841

$0

$0

$48,273
$241,417
Assets Included in Sale

Leasehold Improvements:

$50,000 Included

FF+E:

$220,000 Included

Inventory:

$6,000 Included

Total Assets Included:

$276,000

Lease Information

Monthly Rent:

$5,700

Expiration Date:

2025-06-30

Square Footage:

8,259

Terms and Options:

Negotiable

Building Type:

Warehouse

Summary

Reason for Sale:

Early retirement. Discuss with the seller.

Training and Support:

Two weeks training at no cost.

Non Compete:

250 miles for 5 years

Owner Qualifications:

General Business Management

Financing Summary:

Financing Scenario offered by: Lynne Singletary of 44 Business Capital | 407.731.9555 | lsingletary@44businesscapital.com | Down Payment of $177,000 | Loan Amount $1,003,000 | 10 Year Term @ 9.75%+P | Monthly Pmt: $13,182

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Tony Blair

Tony Blair
General Business Information

Listing ID: 4110-00333

Listing Type: Exclusive Right of Sale

Price: $1,050,000

Down Payment: $177,000

Category: Cleaning

County: Orange

State/Prov: Florida

Country: United States

Sales: $1,113,699

SDE: $257,017

Description of Business

Successful 17-year old Florida franchised business dealing with mold, water damage, and fire cleanup of textiles, electronics, and art. All business processes, referral networks, insurance company relationships, and a well-trained and qualified staff are in place. The company has invested in new equipment, vehicles, and infrastructure to take the company to the next level with
many growth opportunities ahead.
The particular protected territory covers a 11-county area across Central Florida; the original franchise has been around since
2001. The headquarters is a large warehouse in Central Florida, with low rent, and contains office space, a production area, and storage space. The business has clean books, and will likely qualify for SBA financing, and is a viable opportunity for a Visa-related transaction.

Listing Details

Location: Located in a clean and well kept commerce center with ample parking near restaurants, shopping centers and gas stations.

Organization Type: Sub-S Corporation

Hours of Operation: Monday - Friday, 9:30am - 5:00pm / On-Call 24-7

Years Established: 17

Years Owned: 3

Employees FT: 6

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: No

May Qualify for a Visa: Yes

Financial Information
INCOME PERIOD, Year: 2022


GROSS SALES: $1,113,699

– Costs of Goods Sold: $43,892

= Gross Profit: $1,069,807

– Total Expenses: $877,178

= Net Before Taxes: $192,629



ADD BACKS

+ Owner(s) Salary: $52,000

+ Benefits: $9,763

+ Interest Expense: $0

+ Depreciation: $0

+ Other : $2,625



TOTAL OWNER BENEFIT: $257,017

INCOME PERIOD, Year: 2021


GROSS SALES: $948,323

– Costs of Goods Sold: $32,851

= Gross Profit: $915,472

– Total Expenses: $789,169

= Net Before Taxes: $126,303



ADD BACKS

+ Owner(s) Salary: $50,000

+ Benefits: $16,841

+ Interest Expense: $0

+ Depreciation: $0

+ Other : $48,273



TOTAL OWNER BENEFIT: $241,417

Assets Included in Sale

Inventory: $6,000 Included

FF+E: $220,000 Included

Leasehold Improvements: $50,000 Included

Total Assets Included: $276,000

Lease Information

Monthly Rent: $5,700

Expiration Date: 2025-06-30

Square Footage: 8,259

Terms and Options:

Negotiable

Building Type: Warehouse

Summary

Reason for Sale:

Early retirement. Discuss with the seller.

Training and Support:

Two weeks training at no cost.

Non Compete: 250 miles for 5 years

Owner Qualifications:

General Business Management

Financing Summary: Financing Scenario offered by: Lynne Singletary of 44 Business Capital | 407.731.9555 | lsingletary@44businesscapital.com | Down Payment of $177,000 | Loan Amount $1,003,000 | 10 Year Term @ 9.75%+P | Monthly Pmt: $13,182