Sold
Sold
Insulation Franchise in Houston Metro
$545,000
Harris and Galveston County, TX
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Gross Revenue
$1,063,992
Owner's Cash Flow
$266,447
Min Down Payment
$54,500
Employees
5 FT, 1 PT
Business Summary
The franchise opened its doors in 2017 by the current owner as part of the company’s Franchise. Since its inception, the business has averaged nearly 30% year over year growth, owing to the owner's ability to hire and retain skilled employees and with the marketing assistance of the national franchise. The company offers a wide range of insulation products and services to meet each customer's specific needs. They also offer energy-efficient solutions for both residential and commercial clients. The company has earned a reputation as a reliable and trustworthy provider of home insulation services and is widely considered a go-to resource for customers seeking these services.
Key Highlights
Year established
2017
Real estate
Owned will lease
Reason for selling
After successfully founding and growing the business, the owner is looking to focus on new ventures outside of the insulation industry.
Support and training
The current owner is willing to remain with the business for up to one year to assist with the transition.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $2,897 | $9,302 | $5,845 |
| COGS | $6,647 | $1,405 | $2,059 |
| Gross Income | ($3,750) | $7,897 | $3,786 |
| Operating Expenses | $3,511 | $7,026 | $8,831 |
| Operating Incomes | ($7,261) | $871 | ($5,045) |
| Net Other Income (Expenses) | ($5,496) | ($1,833) | ($7,371) |
| Net Income | ($12,757) | ($962) | ($12,416) |
| Interest | $2,425 | $2,798 | $9,513 |
| Depreciation | $3,759 | $7,638 | $9,977 |
| Amortization | $4,712 | $5,942 | $1,079 |
| EBITDA | ($1,861) | $15,416 | $8,153 |
| Add-backs | $71,466 | $74,139 | $65,397 |
| Owner's Cash Flow | $69,605 | $89,555 | $73,550 |
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Projected Free Cash Flow
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