Profile: Master Franchise For One Of The Most Successful Commercial Cleaning Franchises.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ken Oppeltz, Broker
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| Primary Phone: |
858-391-3388 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01197451 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/4/09 |
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| Date Last Revised: |
11/4/09 |
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| BizBen Ad #: |
143489 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$750,000 |
| Down Payment: |
$750,000 |
| Annual Revenue: |
$1,984,000 |
| Annual Adjusted Net: |
$250,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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A Master Franchise For One Of The Most Successful Commercial Cleaning Franchises In The County, This Business Has The Exclusive Rights To Sell Unit Franchises In Beautiful San Diego, California. The Business Has Several Income Streams Including New Franchise Sales, Income From Existing Franchises And Equipment Sales. And With Approximately 60 Unit Franchisees, A Strong Management Team In Place, Plenty Of Room For System Growth And Lots Of Untapped Revenues, This Business Is Ready For A New Operator To Take The Business To New Heights. Current Owner May Finance The Acquisition For A Qualified Buyer With 250K Down.
Marketing Summary
This Business Has Many Competitive Advantages That Help Sell The Company To Both Potential Franchisees And To The Commercial Cleaning Customer. Attracting New Unit Franchise Owners Is Made Easy By Offering Financing For The Unit Franchisee, Comprehensive Training, Initial Equipment And Supplies, Insurance At Discounted Rates, Cleaning Contracts (No Knocking On Doors), Operational Support, Immediate Name Recognition, Administrative Assistance And Sales And Marketing Support.
Strengths Summary
National Brand, Reputation, And Support; Huge Industry That Cannot Be Downsized Or Shipped Overseas; Recurring Revenues, Contracts, And Relatively Simple Operation; Well-Trained And Knowledgeable Staff; High Demand For Individuals To “Buy A Job” By Buying A Franchise; Exceptional Room For Growth.
Hours And Staffing
Employs 7. Hours Are 8:00 A.M. To 5:00 P.M. Monday - Friday.
Area And Facilities
The Business Is Centrally Located In San Diego. All Operations Are Handled In The Field By The Franchisees, So The Office Serves As The Administration Center. The Facility Is Approximately 800 Square Feet With A Current Monthly Rent Of Approximately 1,725. The Lease Term Ends In November Of 2011. All Of The Necessary Office Equipment Transfers With Sale.
Company History
The San Diego Franchise Was Originally Opened In 2001 And Was Purchased In 2004 By A Group Led By A Former Unit Franchise Owner. Since That Time, They've Grown The Business While At The Same Time Building An Experienced Management Team. Today The Company Has 60 Active Franchisees Who Service Approximately 145 Commercial Cleaning Accounts.
Financial Summary
2009 Projections Are Revenues Of 1.984 Million And Seller's Discretionary Earnings (Sde) Of 250,000. First Quarter Sde Results Exceed Projections, But Neither The Seller Nor The Broker Guarantee The Future Performance Of The Company. Royalties Are 6%, Ad Fund Payment 2%. A 5,000 Transfer Fee Will Be Paid By Purchaser.
Additional Information
The Business Is Offered For Sale At 750,000. The Sellers Will Consider Financing The Purchase To A Qualified Buyer With 250,000 Down And The Balance Paid Over A Time And At An Interest Rate That Makes Economic Sense. This Sale Is Contemplated As An Asset Sale In Which The Seller Keeps All Cash And Their Portion Of The Accounts Receivable Due On Cleaning Contracts. (A/R Purchased By Buyer) The Seller Shall Be Responsible For All Payables And To Transfer The Company Free Of All Debt.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ken Oppeltz, Broker at 858-391-3388 Non Disclosure Agreement |
See All Our Other Businesses For Sale We Have Available
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