| Type: |
Location:
East Coast, USA |
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Asking Price: |
$125,000 |
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Down: |
$100,000 |
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Adj Net: |
$50,000 |
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Annual Receipts: |
$180,000 |
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Listing ID#: |
GRANDMI001-N375 |
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Reason For Sale: |
Concentrate on core business. |
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Description
The owner/seller of these two contiguous franchises now has significant new time demands on him for an unrelated business; and as a result, he has acknowledged that the two franchises will never achieve anything close to full potential under his ownership. The solution: sell the business at a terrific price to a new franchisee who unlike the seller will have the time and energy to grow these underdeveloped territories.
Unencumbered by any lease expense, the business has generated annual revenues approaching $200,000. The attractive asking price of just $125,000 for the business is only 2.5 times its $50,000 annual cash flow. In addition, the franchise transfer fees will be paid by the seller who will also carry a note for qualified buyers.
This business enjoys all the advantages of a transportation company with lots of customers active literally on a daily basis, but importantly the franchise is not asset based; i.e. there are no trucks, tractors, trailers, and/or warehouses, which require significant capital to support. The business operates with dozens of carrier partnerships with companies such as DHL, UPS Freight, Roadway Express, and USF Holland, to name a few.
The franchisor's business model has been a real winner and the franchisor has received any number of industry awards and lots of recognition within both the franchising and transportation communities. For more information on this excellent web-based transportation franchise opportunity, please contact Sunbelt West Michigan at 616.285.8121.
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