Asset Rich – Fabric Restoration Business for Sale in GTA

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

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: Projected Revenue for 2024 as per the seller is approximately $650,000 (2023 – $400,000). The nine months trailing revenue for this year is approximately $533,000
  • Strong Earnings: The nine-month trailing Seller’s Discretionary Earnings (SDE) stand at approximately $229,000, with an average SDE of approximately $217,000 over the last three years
  • Recurring revenue:  Currently, the business maintains nine long-term contracts, ensuring recurring revenue each 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, Growth, and Overseeing Operations

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

  • Reason: Seller is interested in pursuing other ventures
  • Transition: Seller is willing to stay on board for a negotiable period to assist with the transition
  • Opportunity: This business represents an exceptional opportunity for individuals seeking to lead and expand a successful enterprise