National Cost Reduction Franchise With Leads
Not Disclosed, KY Letcher County
Seller's Contact Information
- RE: National Cost Reduction Franchise With Leads
- Contact: Phil Eleson
Quick Facts
| Asking Price: | $46,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 21894955 | |
| Broker Reference #: | 1902-16710 |
Business Overview:
Financial minded individuals, this opportunity is for you. This business works directly with clients to uncover cost savings opportunities and shares directly in the savings, making it a win-win situation for all involved! Operating as a franchise, this company has been helping companies across the country to determine if their spending is correct and cost effective. Owning a franchise of this business allows the franchisee assist business owners nationwide, while earning a livelihood through sharing in uncovered cost savings.
The Company has been operating for 30 years, assisting businesses in various industries determine potential expense errors and cost saving opportunities across a variety of expense categories. These include, but are not limited to, utility, telecom, waste and recycling, merchant processing, uniform/linen, managed print, and property tax expenses. Industry data shows that more than 90% of invoices for these type of expenses offer opportunities for cost savings due to erroneous overcharging.
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Property Features and Assets:
This business does not have a physical location. It is currently operated out of the owner's home. Assets = $55,000.
Market Competition and Expansion:
The cost reduction services industry is competitive but fragmented. Competition may include national, regional and local consulting firms, depending on the area, that offer similar services to clients. The Company's well-establish system provides franchisees with a competitive advantage in the market, allowing owners to better focus on maintaining client relationships and providing quality service. The Company has grown substantially in recent years, with 20 new franchise locations were added in 2020. This shows a demand in the market for the services offered. While this particular franchise has not been operational, the owner has generated approximately 200 viable leads that will be transferred with the sale of the business.
Reason for Selling:
The owner is looking to pursue different opportuni
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity
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