EB5 Visa Opp. Franchised Mobile Truck Washing Biz for sale in Atlanta

Atlanta, GA (Fulton County)

EB5 Visa Opp. Franchised Mobile Truck Washing Biz for sale in Atlanta

Asking Price:$1,450,000

Cash Flow:$413,308

Gross Revenue:$1,266,812

EBITDA:N/A

FF&E:$270,000

Inventory:$6,375

Established:2009

EB5 Visa Opp. Franchised Mobile Truck Washing Biz for sale in Atlanta

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Business Description

One of the best opportunities you have been searching for:

Established franchise business with current accounts that bring $1.27 MM in Revenue and $413K in SDE.

The business has been in operation since 2009 with the existing ownership taken over in late 2013. Since the acquisition, the Seller worked on the operation efficiency, market expansion, customer service and employee accountability. He expanded the business to 24 employees of which 15 are full time and one manager, 8 trucks and a multitude of new accounts.

The new owner will take over an operation that works extremely well and uses a variety of measuring tools and statistics(created by the Seller) that will help increasing the revenue as well as the discretionary earnings.

On top of the referrals they are getting from the existing client base, which includes a fair mix of major and minor accounts, the Franchise has an outside sales person who is prospecting in behalf of the franchisees.

With a pipeline of over 100 quotes sent over the past year, annual increased revenue and loyal full time employees, this opportunity will be great for someone who is looking to operate it full time and follow what the current ownership does. Training will be provided by the Franchise as well as on the job.

Detailed Information

Inventory:
Included in asking price
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4500 sf warehouse/garage space with two offices and lunch room.
Competition:
Although, there are players in this market, the Seller has managed to create a strong and loyal customer base by providing timely and outstanding service
Growth & Expansion:
The growth depends by the new ownership. The Seller has 100 quotes out that can bring new business. Also, by opening a second location, hire an outside sale person to increase the market share as well as improving the cross-sell ratio, the business could significantly increase.
Support & Training:
2 weeks on the job. 1 week with the franchise
Reason for Selling:
other business interests
Franchise:
This business is an established franchise

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Jon Roman

Business Listed By:
Jon Roman

Transworld Business Advisors of Atlanta

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The Georgia Association of Business Brokers (GABB).

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