Asking Price:
N/A
Cash Flow:
$731,000
Gross Revenue:
$4,270,000
Real Estate:
$1,000,000 (not included in sale price)
Established:
1997
Real Estate: Owned (Not included in asking price)
Building SF: 2,200
Employees: 9
Facilities: Firm works out of a 2200 sq ft. home in the entertainment district. Configured for the business, this real estate will continue to appreciate
Competition: Normal competition in this space but the exclusive arrangements with venues and the long standing reputation of the firm makes this one of the top firms in the country.
Growth & Expansion: Local economy continues to grow providing more opportunities for events.
Transition & Training:
Seller will provide normal training and transition period.
Reason for Selling: Retirement
Detailed Information
Location:
Davidson County, TN
Real Estate: Leased Building SF: 3,080Lease
Employees: 13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The property and facility for the business contains • 3080 sf total • 1790 sf office . The company has been at this location since the early 2000s. The facility is in a commercial site with possible room for expansion. It has plenty of parking and easy access to main roads and thoroughfares. The landlord is willing to add a second bathroom. New lease terms available to prospective buyers upon request.
Competition:
Advantages
• Well established in the marketplace for 30 Years • Not a franchise; no royalty or mandatory advertising fees to pay • Loyal customer base • Large number of customers in diversified areas • Strong community focus • Proven business model with strong core values • Higher than average industry profit margins. • Trucks and Vans are in good working order. • The shop itself is clean, well-organized, and thoughtfully designed for optimal use of space. • All books and records are electronically ready for easy transition to new owner.
Growth & Expansion:
The business is growing exponentially as the Middle TN market is experiencing similar growth. The sky is the limit!
Seller Financing:
The Business has been prequalified for an SBA loan so this should not be needed
Support & Training:
Business has ~ 15-20 cross trained employees. The owner performs the functions of technician and office manager, respectively. The Owner has developed and deployed an apprentice training program to bring in new technicians. They train with senior technicians and are then put out on their own in 60–90 days.
Reason for Selling:
Semi retirement and time to spend with family (grandchildren!)