Asking Price: Non-Disclosed Amount
Gross Revenue: $9,250,000
Cash Flow: $1,385,000
FF & E: $2,200,000
Founded in 2009 and Franchising since 2014, this company has enjoyed year-over-year growth since inception and currently operates from 26 locations covering 200 cities across the Southeast and Mid-West. The Franchisor enjoys multiple recurring revenue streams including; royalties, franchise fees, software license fees, financing fees, equipment sales and consumables. Franchisees enjoy the benefit of recurring revenue at the unit level via ongoing service contracts. A low initial investment, short ramp-up time, normal working hours and a high net margin make this a very competitive franchise concept. 2015 Item 19 reports average net income of $188,200 on average gross revenue of $493,000. REASON FOR SALE: The Founder is interested in partnering with a group that can provide financial and management expertise to help him realize the full potential of the opportunity in front of them. His goal is to retain/roll 30% equity in the company and continue in his role as CEO or transition into another role where he would have a meaningful impact on the organization. This business for sale is presented by Sunbelt Business Brokers – Atlanta, a division of Sunbelt Network, the largest organization of business brokers and M&A Professionals in the world. As a full service firm with a global reach, the team at Sunbelt Business Brokers – Atlanta has provided main-street and lower middle market business owners with unsurpassed deal expertise since 1998. For more information on this company for sale contact: Doreen Morgan at firstname.lastname@example.org or 770-936-9099 Ext.800.