MergerPlace

Professionally Branded Junk Removal

Maryland


  • Asking Price: $500,000
  • Gross Income: $441,207
  • Cash Flow: $127,114
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $101,000
  • Listing ID: #207169
  • Established: 2011
  • Employees: 5 FT/ 1 PT

Business Description

Why buy a franchise when you can own your own brand? This is a professionally branded Junk Removal Business that is poised for continued growth the next few years. The owner invested a substantial amount of money preparing to franchise this business. As part of the process to franchise the company, the business had outside consultants professionally brand the company. They also had consultants develop their operation manual, federally register their trademark and prepare a Franchise Disclosure Document. In developing the franchise model, they invested heavily in technology such as online scheduling, a company intranet and professionally built website. The business has seen 20% revenue growth from 2016 to 2017 and is expected to continue that trend in 2018 with a record-breaking year underway. As a result of their commitment to professionalism and prompt service, 50% of sales come from referrals or repeat customers and their 5-star review help secure future work.


Business Details

Primary Business Category: Services - Waste Management & Remediation
Location: Maryland

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT/ 1 PT

Financial Information

Asking Price: $500,000
Gross Revenue: $441,207
Cash Flow: $127,114
FF&E: $101,000
Seller Financing Available: Yes

Property Information

Facilities:

The business is currently headquartered in a flex commercial space. Since this is a mobile operation that services the Baltimore Metropolitan market, this business could easily be relocated to anywhere in the service area.

Growth & expansion opportunities:

Investing more money in online advertising will continue to yield excellent returns. It is suggested that a new owner hire an operations manager so the new owner can focus on growing the company. Since this business already prepared to franchise their concept, it would be easy for a new owner to pick up where the current owner left off and become registered to start selling franchises!

Competition:

Junk removal is a big business and is only expected to grow as the baby boomers look to downsize. This is a relatively new industry with few competitors in this space. This company is one of the major players in the Baltimore market for Junk Removal.

Reason for selling:

Pursuing other business ventures.

Support & Training:

Will train for 4 weeks @ no cost. There is no special license required for a junk removal business.

Contact Business Seller

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Business Listed By:

Justin Sandridge

Murphy Business Brokers