½ Price plus $50k Down – Multi-State Restoration Franchise

Jackson, AL (Clarke County)

Seller Financing Available
½ Price plus $50k Down – Multi-State Restoration Franchise
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Asking Price: $149,000

Cash Flow: $150,000

Gross Revenue: $600,000

EBITDA: $600,000

FF&E: $110,000

Inventory: $2,000*

Established: 2017

*not included in asking price.

½ Price plus $50k Down – Multi-State Restoration Franchise

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Business Description

Once in a lifetime opportunity to own the largest multi-state Delta Restoration Franchise. $450,000 spent on all required equipment and exclusive franchise territories. Yours for just $149,000. Plus, the seller will finance much of the purchase price to a qualified buyer! Seller will also pay buyer’s rent payments for the first 90 days, and no royalties paid for the first 5 months.

Purchase includes ~$225,000 area development agreement, over $110k in vehicles, trailers, and restoration equipment, plus a fully furnished office.

3 large territories stretching west from near New Orleans, LA. and east to Pensacola, FL. then north to Montgomery, AL. and Jackson, Ms. Also included in this area is Columbus, GA. This region is at the epicenter of “hurricane alley”. All 3 territories serve over 6,000,000 customers. The seller lives in Colorado and also owns multi-unit food franchises in Colorado. He has decided to sell this multi-territory franchise to an owner-operator that has the bandwidth to grow the region quickly.

Current and new services to be offered include restoration related to fire, water, sewer, mold, asbestos, crime scene, duct cleaning, remodeling, and repair.

In operation only 1 ½ years and already has shown profitability! Revenues and earnings disclosed were based on 2018 financials. However, most of the staff has been intentionally downsized. The business requires an owner operator that will develop and new team and focus on details.

The Franchisor statistics show that each of the 3 territories could generated $4MM or more in revenue.

Upon receipt of buyer profile, broker can send a complete marketing packet including a video interview with the seller.

Detailed Information

Location:
Jackson, AL
Inventory:
Not included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large 7500 sq.ft.of furnished office/ shop combo in Mobile, AL. Tons of room for growth. Can keep current location or can be relocated.
Competition:
Delta franchise is growing by more than 10 regions per month. Dominant player in the industry. Preferred vendor agreements and third-party vendor agreements in place at a national level.
Growth & Expansion:
Unlimited growth opportunities. Start with existing Mobile territory. Expand into 2nd region within 24 months, and enter the 3rd region with 36 months.
Financing:
Seller will provide financing to qualified buyer
Support & Training:
Franchisor to provided corporate training and certification as part of franchise transfer process. Seller to provide adequate assistance as well.
Reason for Selling:
Seller owns multi-unit food franchises in Colorado and wants to focus on them.
Business Website:
http://www.deltaeasterngulfstates.com
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Contact the Seller

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Eric Payne

Business Listed By:
Buyer Services

Venture Advocates

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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