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
• Operation Stability: The business has a long-term manager who efficiently handles the day-to-day operations, ensuring continuity
and efficiency
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)
Financial Snapshot
• Robust Revenue: Revenue for 2024 is approximately $644,000 (2023 – $400,000)
• Strong Earnings: The Seller’s Discretionary Earnings (SDE) stand at approximately $255,000, with an average SDE of approximately
$227,000 over the last four years
• Recurring revenue: Currently, the business maintains nine long-term contracts, ensuring recurring revenue each month
Human Resources
• Employees: The business operates with a nonunion team of four employees, excluding the owner
• Seller Roles: Seller is currently responsible for Sales, Growth, and Overseeing Operations
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
• Opportunity: For those focused on sales and growth, this business offers an outstanding chance to lead and expand a successful
enterprise, without requiring technical expertise