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Fabric Restoration Business For Sale In GTA - Asset Rich - Ref #5002

$700,000.00 (Cdn)

Fabric Restoration Business For Sale In GTA - Asset Rich - Ref #5002
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Construction & Renovations
Cleaning & Decorating
 

  BUSINESS  FEATURES  

Revenue : $650,000
Asking Price: $700,000
Ref: 5002
Location : Ontario - Greater Toronto Area
Status : NEW

Business Overview

*Established Legacy: With over 2 decades in the industry, this business boasts a strong legacy and widespread respect
*Primary Operation: Business primarily provides fabric restoration and cleaning services to insurance, commercial and retail clientele

Deal Highlights

*Inclusive Assets: Purchase price includes Vehicles, tools and equipment valued approximately at $434,000
*Flexible Financing: Seller financing available for qualified buyer(s)

*Opportunity: This business represents an exceptional opportunity for individuals seeking to lead and expand


FINANCIAL INFORMATION

*Robust Revenue: Projected Revenue for 2024 as per the seller is approximately $650,000 (2023 – $400,000). The nine months trailing revenue for this year is approximately $533,000
*Strong Earnings: The nine-month trailing Seller’s Discretionary Earnings (SDE) stand at approximately $229,000, with an average SDE of approximately $217,000 over the last three years
*Recurring revenue: Currently, the business maintains nine long-term contracts, ensuring recurring revenue each month

MARKET & COMPETITION

Competitive Strengths

*Marketing & Growth: Great potential, leveraging on its excellent reputation, significant word-of-mouth referrals, and active presence on various social media platforms
*Outstanding Industry Relations: Business has great long-standing relationships with insurance companies

Transition & Future

*Reason: Seller is interested in pursuing other ventures
*Transition: Seller is willing to stay on board for a negotiable period to assist with the transition


 INCLUDED, EXCLUDED & OPTIONAL 

 

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