Business Overview
• Established Legacy: With over 2 decades in the industry, this business boasts a strong legacy and widespread respect
• Primary Operation: Business primarily provides fabric restoration and cleaning services to insurance, commercial and retail clientele
• Operation Stability: The business has a long-term manager who efficiently handles the day-to-day operations, ensuring continuity and efficiency
Deal Highlights
• Inclusive Assets: Purchase price includes Vehicles, tools and equipment valued approximately at $434,000
• Flexible Financing: Seller financing available for qualified buyer(s)
Financial Snapshot
• Robust Revenue: Revenue for 2024 is approximately $645,000 and is projected to be approximately $650,000 in 2025 as per the seller
• Strong Earnings: The Seller’s Discretionary Earnings (SDE) stand at approximately $269,000, with an average SDE of approximately $230,000 over the last four years
• Recurring revenue: Currently, the business maintains nine long-term contracts, ensuring recurring revenue of approximately $12,000 per month
Human Resources
• Employees: The business operates with a nonunion team of four employees, excluding the owner
• Seller Roles: Seller is currently responsible for Sales
Competitive Strengths
• Marketing & Growth: Great potential, leveraging on its excellent reputation, significant word-of-mouth referrals, and active presence on various social media platforms
• Outstanding Industry Relations: Business has great long-standing relationships with insurance companies
Transition & Future
• Transition: Seller is willing to stay on board for a negotiable period to assist with the transition
• Opportunity: Excellent opportunity for individuals with a sales and marketing background, this business provides a fantastic chance to lead and grow a successful enterprise, without the need for technical expertise
