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Franchise Restoration Business

Campbell County, TN

Franchise Restoration Business
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Asking Price: $279,900

Cash Flow: $104,633

Gross Revenue: $426,471

EBITDA: N/A

FF&E: $100,000

Inventory: $5,000

Real Estate: N/A

Established: 2009

Franchise Restoration Business

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Business Description

Great opportunity to own a successful restoration franchise near Knoxville, TN. Business has been operating for ten years with a four-county territory. Buyer can operate an office from any location within the four counties, not necessary to be in the present location. Franchise is established in the market with a number of lead providing companies and handle several insurance claims within the territory. Local and national affiliations.
Business produced over $425k in revenues and $100k in cash flow for year ending 2018. Great opportunity to expand on those numbers with a motivated operator. Stats show 1 in every 55 homes will file a water claim and 1 in 250 a fire claim.

Detailed Information

Location:
Campbell County, TN
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
4ft 8pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sellers present office is integrated with his other business so a buyer would need to rent an office and small warehouse space within the four-county territory. Present owner will assist in this if needed. This will let you set up in the most convenient location possible. This type of rental space is very reasonable, and it does not require a large space. The business FF&E value ranges in the $100k range.
Competition:
Little competition in the market area.
Support & Training:
Company training and 14 days transition by owner
Reason for Selling:
Othr business opportunities
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(from currently available funds)
 
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Darrel Sheley

Business Listed By:
Darrel Sheley

TNbusinessbrokers

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