Property Inspections

Goodyear, AZ (Maricopa County)

Property Inspections

Asking Price:$450,000

Cash Flow:$161,035

Gross Revenue:$376,713





Property Inspections

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Business Description

This owner has built a progressive, franchised residential and commercial property inspection business, which has demonstrated straight-line financial growth and efficiency. Net income, as a percentage of gross revenue for 2011, 12, 13, and 14 to date is 23.4%, 23.9%, 30.0% and 33.8% respectively. He wisely has established relations with >200 referring real estate agents. Franchise Business Review has given a “4 Star Rating” to this Franchisor. The US military has rated this opportunity as one of the best franchises for veterans.

Detailed Information

Home Based
Sales for 2011, 2012, 2013, and 2014 are $194,957, $208,717, $278,323 and $376,713 respectively. This climbing trend is a direct result of the highly successful efforts to establish relationships with > 200 referring real estate agents. Those efforts continue.
Growth & Expansion:
True his word, this owner has: · Hired a scheduler to answer phones and set up inspection appointments · Assigned the tasks of collecting gate codes, inspection agreements and the handling of credit card payments to the new scheduler thereby freeing up inspectors to only inspect · Has moved his prior admin person to full-time marketing. She visits approximately 6 real estate offices per day and often sponsors a lunch there wherein she gets the opportunity to promote their inspection services · Retained agreements with 2 new inspectors who will do inspections for the company as independent 1099 contractors (and thereby not burden the company with the expenses associated with those of a W-2 employee) · Joined a national marketing organization for home inspectors to fine tune his 2015 efforts I anticipate increases in revenue throughout the year…and a corresponding increase in list price as financial results surface. This listing is not for a buyer who plans to “coast,” but it’s a great fit for a buyer who plans to “build.” # of inspections done in Jan/14: 75 # of inspections done in Jan/15: 94
SBA Prequalified
Support & Training:
Seller will work full-time for no fee for 30 days to ensure a smooth ownership transition. Seller is committed to the continuing success of the business as well as to the success of the new owner. To that end, seller expects to remain (past the initial 30 day familiarization time) for a period required to ensure success of the buyer. Buyer must attend a training by franchisor (typically 10 days) prior to license transfer.
Reason for Selling:
Seller owns multiple time demanding business
This business is Home-Based
This business is an established franchise

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Dennis Hayes

Business Listed By:
Dennis Hayes

WCI Brokers Central

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