• Dominant brand in the Tile Restoration & Preservation space
• 38% cash flow/SDE I Currently booked out 5 weeks
• Low, fixed royalty payment. At current revenue, amount paid is 3.5%. Will decrease as revenue increases. At $750K, amount paid will be 2% of revenue, at $1mm, amount paid will be 1.25%
• Active customer data base, exceeding 4,500 clients, offering good marketing opportunities,
• Real/tangible growth opportunities: two same brand franchises, in Florida, generate over $1mm in gross revenue (each). Large territory, spanning all of Collier & most of Lee counties,
• High customer satisfaction rate. Google profile has 98% 5-star reviews that have been built out over 9 years to the current 389 reviews. Third Party process, no fake reviews.
• SBA pre-qualified: 10% down for qualified buyer.
• Complete Turn Key operation, includes 4 vehicles, tools & supplies. $121,426 in value included in the price
This is an ideal acquisition for existing high margin cash flow and growth objectives. The franchisee built out a 9 year successful & profitable business with strong brand appeal. This existing platform is firmly established for the right buyer to fully leverage the large multi-county footprint. The services offered include: grout & tile restoration and preservation, new construction tile & grout sealing, natural stone cleaning, sealing and restoration and a wide range of commercial applications for tile & grout cleaning & sealing.
Ad#:2340753
