Service Company: Profitable w consistent Cash Flow of $97- $154K / Year

Service Company: Profitable w consistent Cash Flow of $97- $154K / Year

Price: $289,000
Location: Louisville- Lexington- Kentuckiana
Industry: Service
Listing ID: 6498493

This Service Business that has over a decade of successful history to support its value. It is a privately-owned franchise with protected territories in some of Kentucky's most affluent counties. It has been serving residential and commercial customers in those territories for over 13-years. The Company provides in-home repair services that are reoccurring, so there is always repeat business and loads of referrals. The business model makes it easy to operate with low overhead and lends itself to a home-based office. That means none of the High Rents and utility bills associated with most businesses. The business is backed by a Nationally known franchise that supports its franchisees with training, sales support, national advertising, and a central call center. Company's top producing technicians are loyal and wish to stay on after the sale. This is an amazing opportunity for an ambitious entrepreneur to have freedom, financial success and secure their future with very little investment.

Total Sales: $330,779
Cash Flow: $97,400
EBITDA: $49,500
Accounts Receivable: $5,400 (Included in Price)
FFE Included: $3,500
FFE: $3,500
Inventory: $1,500
Terms and Conditions?:

Very low franchise fees. The business benefits from national advertising and support provided by the Master Franchise. It is also the original and oldest provider of the specialty repair services it provides in its territory. There is very little threat from outside competitors. Some have tried to enter the market in the past and just could not compete. Highly skilled and loyal employees support the Company's success and reputation in the market.

Reason For Sale:

Career Change

Training & Support:

You do not need any special training, licensing, or contracting experience to excel in this business. The Master franchise provides initial training and certification as well as on-going support. The Company owner will train and assist the buyer for 2 weeks after the sale, and key employees wish to stay on after the sale

Year Established: 2008
Days & Hours of Operation: Mon- Fri 8am to 6 pm
Owner Hours Per Week: Mon- Fri 8am to 6 pm
Employees: 2-3
Managers: 1- The Owner
Type of Location: Industrial / Retail
Facilities Information:

This business lends itself to a home office. No high rent or overhead in utilities. Current owner leases storage space for inventory, but this is not required. (Home Based)

Historical Summary:

The business has historically done much higher sales than those reported. Owner's health issues have limited his productivity in recent years. Typically there is more work than the owner can handle. A working owner who devotes their full-time efforts to the business could easily increase sales and profits to previous levels. See the attached Documents for the Company's Historical Discretionary Cash flow.

Owner Qualifications:

Ideal for a working HVAC licensed Contractor who wants to strike out on their own, or acquisition by larger Company.

Potential Growth:

The business has historically done much higher sales than those reported. Owner's health issues have limited his productivity in recent years. Typically there is more work than the team can handle and services are books about 2 wks out. A working owner who devotes their full-time efforts to the business could easily increase sales and profits to previous levels. See the attached Documents for the Company's Historical Discretionary Cash flow.

Financing/Terms:

Pre-approved with conventional Lenders

Otis Florence Florence

Phone: 502-425-0995
For more information on this listing, please complete our Non-Disclosure Agreement

Otis Florence Florence