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Business for Sale Summary [Non-Confidential]

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Morris County, NJ

Business Type: services businesses,other business services,misc. servicel/non-classifiable

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $60,000.00

  • Gross Revenues

    $53,500.00

  • Financing

    $ 60,000.00 Down and

  • Owner's Cash Flow

    $17,463.00

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Business Description

FRANCHISE OPPORTUNITY. This franchise makes life easier by taking your orders, doing your accounts receivable and alerting you by computer. Even when the seller was having health issues, this company never missed a beat. Now 4 years old, this company has come to an impasse, either the owner must quit his 25 year job and grow this company, or sell it. New owner must be willing to bring this company to the next level by soliciting new business in the county in which franchise owns alone. Since the present owner can only allocate a couple of hours a night and an occasional Saturday, it has reached it maximum growth. This is how it works: the Correlate office takes an order, collects the money, you do the delivery and get paid, all done on computer. Potential business would include caterers, golf courses or even residential clients that use propane. At present, there is no advertising or soliciting being done. Just the franchise fee alone costs $35,000, not to mention the 2004 Ford 150, 500 new tanks, computer and software, forms and equipment are worth $70,000.

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