General Business Information
Listing ID:
4110-00333
Listing Type:
Exclusive Right of Sale
Price:
$900,000
Down Payment:
$177,000
Category:
Cleaning
County:
Orange
State/Prov:
Florida
Country:
United States
Sales:
$887,538
SDE:
$129,881
Description of Business
Successful 17-year old franchise business dealing with mold, water damage, and fire cleanup of textiles, electronics, and art. The franchise was founded in 2001 with offices in US, Canada, and the UK. They were 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 company has invested in new equipment, vehicles, and infrastructure to take the company to the next level with many growth opportunities.
The current owner/operator, who grew the business sales YoY, is looking to retire and will provide a familiarization period for an incoming Buyer. The owner takes pride in the business being turn-key and will convey opportunities to grow the business.
Listing Details
Location:
Greater Orlando
Organization Type:
Incorporated
Hours of Operation:
Mon - Fri, 9:30a - 5:00p / On-Call 24-7
Years Established:
17
Years Owned:
3.5
Employees FT:
8
Employees PT:
2
Is Relocatable:
Yes
Is Home Based:
No
Is a Franchise:
Yes
Is Lender Pre Qualified:
Yes
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 $0
TOTAL OWNER BENEFIT
2023
$887,538
$113,630
$773,908
$794,701
$-20,793
$52,000
$37,052
$14,160
$24,762
$22,700
$129,881
2022
$1,024,114
$95,082
$929,032
$798,076
$130,956
$52,000
$26,640
$13,506
$36,499
$43,847
$303,448
2021
$977,912
$125,201
$852,711
$763,341
$89,370
$50,000
$54,918
$9,200
$18,888
$54,151
$276,527
Assets Included in Sale
Other:
$0
Leasehold Improvements:
$50,000 Included
FF+E:
$220,000 Included
Inventory:
$6,000 Included
Total Assets Included:
$276,000
Lease Information
Monthly Rent:
$5,610
Expiration Date:
2025-06-30
Square Footage:
8259
Building Type:
Office Space, Production Area in Warehouse
Summary
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
Financing Summary:
SBA Lender Financing Scenario... Purchase Price$900,000 with $177,000 (15%) down payment and working capital of $75,000 | Fully amortized at 10 years. Monthly Loan Payment is $11,154.70
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: $900,000
Down Payment: $177,000
Category: Cleaning
County: Orange
State/Prov: Florida
Country: United States
Sales: $887,538
SDE: $129,881
Description of Business
Successful 17-year old franchise business dealing with mold, water damage, and fire cleanup of textiles, electronics, and art. The franchise was founded in 2001 with offices in US, Canada, and the UK. They were 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 company has invested in new equipment, vehicles, and infrastructure to take the company to the next level with many growth opportunities.
The current owner/operator, who grew the business sales YoY, is looking to retire and will provide a familiarization period for an incoming Buyer. The owner takes pride in the business being turn-key and will convey opportunities to grow the business.
Listing Details
Location: Greater Orlando
Organization Type: Incorporated
Hours of Operation: Mon - Fri, 9:30a - 5:00p / On-Call 24-7
Years Established: 17
Years Owned: 3.5
Employees FT: 8
Employees PT: 2
Is Relocatable: Yes
Is Home Based: No
Is a Franchise: Yes
Is Lender Pre Qualified: Yes
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2023
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: $37,052
+ Interest Expense: $14,160
+ Depreciation: $24,762
+ Other $0: $22,700
TOTAL OWNER BENEFIT: $129,881
INCOME PERIOD, Year: 2022
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
INCOME PERIOD, Year: 2021
GROSS SALES: $977,912
– Costs of Goods Sold: $125,201
= Gross Profit: $852,711
– Total Expenses: $763,341
= Net Before Taxes: $89,370
ADD BACKS
+ Owner(s) Salary: $50,000
+ Benefits: $54,918
+ Interest Expense: $9,200
+ Depreciation: $18,888
+ Other $0: $54,151
TOTAL OWNER BENEFIT: $276,527
Assets Included in Sale
Inventory: $6,000 Included
FF+E: $220,000 Included
Leasehold Improvements: $50,000 Included
Other: $0
Total Assets Included: $276,000
Lease Information
Monthly Rent: $5,610
Expiration Date: 2025-06-30
Square Footage: 8259
Building Type: Office Space, Production Area in Warehouse
Summary
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
Financing Summary: SBA Lender Financing Scenario... Purchase Price$900,000 with $177,000 (15%) down payment and working capital of $75,000 | Fully amortized at 10 years. Monthly Loan Payment is $11,154.70
LISTING BROKER