Fabric Restoration Business For Sale In GTA - Asset Rich - Ref #5002

*Established Legacy: With over 2 decades in the industry, this business boasts a strong legacy and widespread respect

*Primary Operation: Business primarily provides fabric restoration and cleaning services to insurance, commercial and retail clientele

Deal Highlights

*Inclusive Assets: Purchase price includes Vehicles, tools and equipment valued approximately at $434,000
*Flexible Financing: Seller financing available for qualified buyer(s)

Revenue : $650,000
Asking Price: $700,000
Ref: 5002
Location : Ontario - Greater Toronto Area

*Robust Revenue: Projected Revenue for 2024 as per the seller is approximately $650,000 (2023 – $400,000). The nine months trailing revenue for this year is approximately $533,000

*Strong Earnings: The nine-month trailing Seller’s Discretionary Earnings (SDE) stand at approximately $229,000, with an average SDE of approximately $217,000 over the last three years

*Recurring revenue: Currently, the business maintains nine long-term contracts, ensuring recurring revenue

*Reason: Seller is interested in pursuing other ventures

*Transition: Seller is willing to stay on board for a negotiable period to assist with the transition

*Opportunity: For those focused on sales and growth, this business offers an outstanding chance to lead and expand a successful enterprise, without requiring technical expertise

Competitive Strengths

*Marketing & Growth: Great potential, leveraging on its excellent reputation, significant word-of-mouth referrals