Fleet Truck Business - Recurring Revenue

Richmond, VA (Henrico County)

Fleet Truck Business - Recurring Revenue
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Asking Price: $349,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $175,000

Inventory: N/A

Established: 2017

Fleet Truck Business - Recurring Revenue

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Business Description

National Franchise Fleet Washing Business

Fleet Clean Richmond(the “Business”) is a mobile fleet washing business servicing all of Richmond VA and surrounding areas. The Business is part of a national franchise system which affords a number of benefits, including a highly recognizable brand and extensive support for franchisees.

The Franchisor provides:
• Initial and Ongoing Operations Training
• Marketing and Advertising
• Corporate Sales Leads
• Invoicing and Collections
• Proprietary Software and Technology
* Business to Business
* This is A Turn Key Franchise

The Business’s franchise territory is very large and includes the Greater Richmond and surrounding areas. These are large and attractive markets with many large fleets based in the areas. In addition, there are very few fleet washing competitors that have the scale, name recognition and quality service offerings of Fleet Clean. As such, the Business has been continually gaining market share and receives multiple inbound sales leads every week. The Business has a strong pipeline of new customers and has experienced year-to-date sales growth. In addition, many of the areas in the franchise territory are undeserved, which offers additional growth opportunities.

Fleet Clean Richmond/ Roanoke VA has a diversified customer base comprised of commercial accounts with no major customer concentration. The majority of revenues are recurring in nature, with most customers (>95%) on a regular service schedule (typically weekly, bi-weekly or monthly).

Detailed Information

Location:
Richmond, VA
Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Spaces are leased for the business. These locations are relocatable if so desired by a prospective buyer.
Competition:
Fleet Clean is a national franchise system and serves over 1000 of the largest companies in the United States with national contracts in place.
Growth & Expansion:
The Business has experienced recent growth.
Financing:
Seller can finances some of the purchase for a qualified buyer.
Support & Training:
The Business is part of a national franchise system which affords a number of benefits, including a highly recognizable brand and extensive support for franchisees.
Reason for Selling:
These locations are owned by the Corporate parent company.
Franchise:
This business is an established franchise
Business Website:
http://Fleetcleanusa.com
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Business Listed By:
Dale Waite

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Demographic Information

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