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BUSINESS FOR SALE - PROFILE #  42014315

Specialty Service Provider to Institutions
Southwest Missouri

Asking Price: $899,000   Down Payment: $89,900  
Gross Revenue: $968,264   Adj. Cash Flow*: $361,558  
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Executive Summary
For sale is a well-established, easy to understand and operate business that provides a specialty service to over 100 institutions, primarily in the Midwest.  It is a gratifying business to operate, and very profitable.     This is not a cleaning company.  In fact, the services provided are performed at the business' location, not at the institution.

There is a substantial potential for growth through servicing more instititions.  The owner and his manager have chosen not to pursue more customers in any meaningful way in the last few years.

This business would be relocatable to anywhere in the U.S.

The business has good books and records, and is priced appropriately for its cash flow, so it will qualify for SBA financing, which means a lower down payment (typically 10%) and longer repayment terms (typically 10 years).  

The business also owns the real estate from which it operates and would lease the space to a buyer.  The lease would be $3,500 per month triple net, and the Discretionary Earnings calculations have been calculated based on that amount of rent and real estate expenses.

The Discretionary Earnings for 2019 were $361,558, and the seller can prove that amount to a buyer and their accountant. 

This is a solid, very profitable, fun business which will sell quickly.  Don't delay in requesting more information if you believe it might be of interest to you.

Special SBA Financing:  If the business is purchased and the SBA loan funded by September 25 of this year, the federal government will make the first six months of payments, totaling approximately $61,830.  So, the actual cost to purchase this business would be $837,170.

Covid 19 Notice:  Like most businesses, this business' operations have been affected by the Covid 19 pandemic and could experience future disruptions because of the virus.  Contact broker to discuss purchase structures that would minimize buyer risk while still meeting SBA lending guidelines.

Acquisition Highlights

  • Financing Information:  Typical SBA terms are 10%, 10 Year Amortization
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1998 Inventory:
Furniture, Fixtures & Equipment: $66,500 Included
Real Estate:
Included
    Total Assets Included in Sale: $66,500
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Jerry Myers
Phone:  (417) 581-8887
Fax:  (888) 765-8633
E-mail:  jmyers@vrspringfield-branson.com
VR Business Brokers - Springfield, MO
4121 S. Fremont Avenue, Suite 112
Springfield, MO 65804
www.vrspringfield-branson.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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