Description of the business for sale
Candidate is an existing franchisee of a leading direct mail marketing franchisor. The current owner purchased this existing territory in December 2005 and has since turned the business around. What is truly remarkable about the turnaround was it was done on an absentee basis, as the current owner lives in another state. This franchise has been in existence in the marketplace for over 40 years, and enjoys an excellent reputation, due to the hard work of the current owner. Franchisor is the leading direct mail marketing program in the United States and offers excellent training and on-going support to its franchisees. Recent upgrades in the franchisor operation systems will allow a new owner a great opportunity to realize even higher profit levels from the business. This business provides significant cash flow to the owner and is an excellent opportunity for an individual with a sales and/or marketing background. Franchisees work with local, regional and national businesses to develop advertising campaigns that work. Small, medium and large businesses throughout the community are the primary clients for a franchisee. The current level of business represents approximately 60% of the households in the territory, so there is substantial opportunity to increase sales, within the current territory.
Support / Training provided by seller
All of the current staff is expected to remain with the company after transition. Absentee owner will train to meet the needs of the buyer.
Description of the facilities
The Company uses QuickBooks for accounting, bookkeeping and receivables/payables processing. All hardware was recently upgraded, providing new ownership with a stable, easy to use platform to continue operations. The Company’s equipment asset base is in excellent condition, primarily office equipment, such as computers, desks, chairs, etc. The offices are leased.