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Businesses for Sale: Listing Details

 
FURNITURE MEDIC (FRANCHISE) #7234
Seller: Attn: Rainer Drygala
Location: Englewood , FL, USA
Listing Number: "924-7234"


Asking Price: $625,000 USD USA Dollars
Industry: Services: Repair, Home Improvement, Painting
Reason for Selling: Retirement
Year Established: 2003
Number of Employees: 3
Yearly Revenue: $254,303
Yearly Cash Flow: $10,749

Overview:
This is an Asset sale. Business pays 8% royalties and $600 pre-month fee to franchiser. Franchise contract expires in August 2008 and will be profitable without fees. This business is family operated located in a 4,200 square feet facility with the latest, state-of-the-art equipment to handle any furniture refinishing, repair & restoration. Their advanced techniques and patented materials allow them to provide on-site, in home and office repair service, often with one day service with minimum interruption to an ongoing business. They take pride in having an environmentally friendly, ventilated aluminum spraying booth. Collier, Lee, Charlotte, Desoto, Sarasota and Manatee counties are serviced by this franchise. Transfer fee approximately $15,600.

Property Features and Assets:
Included in the sale: Inventory valued at $10,000; Furniture & Equipment valued at $50,000; Real Estate valued at $400,000; Other Assets valued at $32,500.

Additional Details:

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