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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
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
LISTING BROKER