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Advert Ref: 73223

Professional Service Franchise For Sale

Details: Asking price:$1,775,000; Sales revenue:$1,700,000; Net profit:$425,000; Fixtures value:$300,000; Inventory value:$25,000

Business description: This company is the top service franchise in the state and one of the top franchises in New England. Its volume places it in the top 4% nationally. The business has a loyal customer base with a strong history of repeat business. The franchisor offers research and development, equipment, training, and marketing. It promotes its franchises with national advertising campaigns and the name and logo are readily available and recognizable. This is an exceptional opportunity for a corporate acquirer in a related or complementary business or for an individual looking to combine sales, marketing and management skills in a profitable and fast growing business. For confidentiality reasons the exact nature of the business cannot be revealed until Maine Business Brokers has received a prospective buyer’s agreement to confidentiality and a fully completed registration form. The real estate is included in the offer.

General information: Franchise opportunity; Years established:19; Employees: 15 FT, 7 PT; Real Estate: Real Property Included; Location:The business occupies multiple well-maintained buildings on 3 acres of land with excellent visibility and road frontage. The facilities are sufficient to accommodate the company’s growth for many years. The real estate is included in the offer.; Expansion potential:The company believes that it will continue to grow at a rate of 10% in several of its markets. It has recently entered new markets where the growth could be well in excess of 10%. If the company achieves a 30% market share in these new markets, it could easily double in size.; Competition / Market:The company dominates its market. In an industry with many small competitors, the company has over 30% market share in several of its market areas. Its size and reputation allow it to continue to increase market share for the foreseeable future; Support & training:The seller will provide transitional training to a new owner.; Reasons for selling:Retirement; Financing available?Anticipated Seller/Bank on Biz $600,000. Anticipated Bank on RE $700,000. Working Capital Needed $75,000. Inventory $25,000