SOLD!
Details
Asking Price: |
$480,000 |
Annual Sales: |
Not Disclosed |
Cash Flow: |
$125,000 |
Inventory: | N/A |
FF&E: | N/A |
Real Estate: | N/A |
Employees: | 1 FT & 1 PT |
Location: | Relocatable |
*Included | |
**Not Included |
Business Description
This rapidly growing business provides training and services for local business owners who serve resort destinations that are located in ski towns and beach communities. This business charges a fraction of what the national firms charge while allowing the local operator to provide a superior service. This national, web-based company, combined with a local business owner who really knows the community, is a very strong marriage. Due to sensitivity of the market, the exact nature of the business and financial information will only be disclosed upon completion of a non-disclosure agreement (NDA).
The business being offered for purchase is the National Corporate Headquarters; not any of the local offices. It can be moved to any location and it can be located in a large city or a resort town. The business is in the late stages of “start-up” where Proof-Of-Concept has been established, positive cash-flow exists, and revenue will continue to grow as new locations are added and as each location matures in its local market. Success is derived from two income sources: up-front development fees for each office, and recurring fees based on actual revenues from each office. The local offices are operated by entrepreneurial owners who can modify their service to best fit their unique locations, while projecting the same corporate image and professionalism throughout the USA.
Systems and procedures are in place so new locations can be added quickly and local owners can mature rapidly. Web based operations management and marketing materials have also been developed. Additional corporate staff is now needed to handle growth but the seller does not want to hire because the office can be more easily relocated at this stage, and the new owner can also determine which functions they want to perform. Now is the perfect time for ownership change.
The current owner will train the new owner, remain available for continued assistance, and will sign a non-compete.
Represented by Bill Scott. Tell me more about this business.