PBBID: 361
Business Description: New Price! Profitable Franchise Business -Lake of the Ozarks
Categories: Home Improvement, Construction, Services, Franchise
Broker Summary: Price Reduced! This company has been thriving for over a decade and the product and services ensure continued success. The equipment and employees are in place, so the owner works on the business and not in it. Full training and continued support will help a new owner succeed. This is a rare opportunity to own a business that has the franchise rights to all mid-Missouri from Springfield to Jefferson City to Columbia and everywhere in between. Because of this it would allow a new owner to earn a great living while enjoying the Lake Lifestyle.
Note: The 2018 financial performance is reflective of a change in accounting approach (accrual to cash) and other unforeseen business challenges. However, 2019 is back on pace with REVENUES UP! AND EXPENSES ARE DOWN! – SDE IS WAY, WAY UP YTD! For more information, call Steve Normand at 314.795.7694 or info@premierbb.com.
| SALES | 2018 | 2017 | 2016 |
|---|---|---|---|
| GROSS SALES | $927,784 | $1,412,485 | $1,272,188 |
| SELLER DISCRETIONARY EARNINGS | $48,401 | $158,692 | $141,732 |
Location: Springfield, Missouri
Owners Hours: 40 Hours
Employees: 4 Full Time / 1 Part Time
Square Footage: 3600ft
Lease Amount: $2400
FF&E: $100,000
Asking Price: $125,000 + Inventory