Cape Cod Franchise Restoration Business
Offering For Your
Consideration
222 West Main Street
Hyannis, MA 02601
508.862.9000
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Table of Contents
Confidentiality and
Disclaimer
3
Transaction Advisors
4
Business Summary
4, 5
Location Information
5
Ownership
6
Lease
6
Financial Data
7
Offers
8
Assessment of
Opportunity
8
About Commercial Realty
Advisors, Inc.
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Addenda: Furniture, Fixtures
and Equipment, Financial Data,
Demographics.
The Offering Document was prepared by Commercial Realty Advisors, Inc., from and on information fur-nished by Paul Davis Restoration of Harwich and Josaban, Inc. No guaranty, express or implied, is made as to the accuracy or completeness of this information, and it is subject to error, omission, change of price, change of description or condition, or withdrawal without notice. Commercial Realty Advisors, Inc., has not inde-pendently audited or verified any information, financial projection, legal description, use or permitted use, zoning, lease, sketch or plan. No projection of future income has been made or is guaranteed by Commercial Realty Advisors, Inc. or Paul Davis Restoration of Harwich and Josaban, Inc. The recipient acknowledges its responsibility to perform a due diligence review at its own cost prior to any acquisition of the subject Busi-ness.
Commercial Realty Advisors, Inc., represents Paul Davis Restoration of Harwich and JoSaban, Inc., who are the Sellers, on an exclusive basis. Commercial Realty Advisors, Inc., and any other brokers or salespeople rep-resent the Sellers, not the Buyer, in the marketing, negotiation and sale of this Business, unless otherwise dis-closed.
This Offering Document is proprietary to the Sellers and any related legal or beneficial owner and to Com-mercial Realty Advisors, Inc. This information is made available to you because you represented that you were interested in purchasing the Business. Should you decline to make an offer to purchase the Business, or should the Sellers not accept such offer, you agree to return promptly this Offering Document and any other information provided to you. You acknowledge that you will treat all such information as a secret. You will not reproduce, discuss or in any way share such information with any party, including the Sellers, their em-ployees, landlord, agents, customers, creditors, suppliers or competitors, unless prior written permission is granted by Commercial Realty Advisors, Inc.
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Legal Counsel
Marion Hobbs, Esq. 2648 Main Street Brewster, MA 02631 508-896-2709
Certified Public Accountant
Hilary S. Gagnon PO Box 444
Harwich Port, MA 02646 508-432-6700
Business Broker
Bill MacKenzie, Broker Associate Commercial Realty Adv.
508-862-9000 Ext. 111 774-212-0905
Transaction Advisors
Business Summary
Opportunity to own a Nationally known fran-chise business that is a “turnkey” operation. Current owner has developed contacts in the restoration/ remodeling business for over 20 years and is ready to start a new venture. Paul Davis Restoration, Inc. is the well known franchise, and awarded the current owner exclusivity for Cape Cod, Nantucket and Mar-tha’s Vineyard. The owner has developed a constant referral source of business from insur-ance companies, business associates and past customers.
Business Summary, cont.
been to provide professional service to customers in need of emergency service, 24/7. Opportunities exist for new owner to take this operation to an even higher earnings level.
Extensive four (4) week training will be provided by the Franchisor, Paul Davis Restoration, Inc. at their “state of the art” facility in Jacksonville, FL. The new owner (s) will be trained in all aspects of the restoration, construction programs, systems, accounting, etc., offered to help insure a successful start in this competitive industry. In addition, the current owner will handle local orientation and is even willing to stay on as a hired employee and/ or manager for 1-2 years to insure a smooth transition with key business contacts.
The two phases of Customer Emergency Service are:
First, when an emergency arises, service is provided at the location within 2 hours. This is key.
Second, remodeling, construction…”put it back together”…. with a group of professional technicians and experienced work crew that do the work correctly the first time and on schedule.
Location Information
Paul Davis Restoration is located in Harwich, part of the Mid-Cape area and is close to main highways with ac-cess throughout Cape Cod and transportation via ferry or airlines to Nantucket & Martha’s Vineyard. This exclu-sive area is protected by a written agreement with corporate and will be transferred to new ownership.
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Ownership
Paul Davis Restoration of Harwich, is organized under the laws of the Commonwealth of Massachusetts. It is owned by David Rome of Harwich, MA.
The storage facility is approximately 1,400 S/f and has a separate& private business office (20’ x 20’+/-) . Out-side fenced in storage area, 20’x60’ which includes a weather tight container 20’( L) x 8’ (W) x 8’(H), is a plus. Owner plans to lease this Industrial Bay condo, but would consider selling to a qualified buyer. Lease to be ne-gotiated with Owner and will be monthly rent (NNN) plus utilities. Condo fee is $50.00 per month.
Asking price for Industrial Bay Condo to be sold separately is $250,000.
There is no seller financing offered on the sale of the business, the condo, or both.
OFFERS
The nationally owned business franchise, Paul Davis Restoration, located in Harwich is offered for sale, Busi-ness and Real Estate, for Seven Hundred and Twenty-Five Thousand Dollars ($725,000). If the BusiBusi-ness and Real Estate are sold separately, the Business will be offered at Four Hundred Eighty–nine Thousand, Nine Hundred Dollars ($489,900) and the Real Estate is being offered for Two Hundred and Fifty Thousand Dollars ($250,000).
Commercial Realty Advisors, Inc., invites written offers for the business known as Paul Davis Restoration of Harwich . Any such offer should be submitted to Bill MacKenzie, Commercial Realty Advisors, Inc., 222 West Main Street, Hyannis, MA 02601 and must identify the purchaser(s), mailing and legal addresses, the offering price, contingencies if any, source(s) of capital to complete the transaction, proposed closing date and an earnest money deposit that will be held by Commercial Realty Advisors, Inc., in its non-interest bearing es-crow account, that will be applied to the purchase price, or refunded to the purchaser with the agreement of the parties.
The seller prefers an all cash offer or bank financing. No seller financing is available.
The franchise business known as Paul Davis Restoration includes exclusivity for Cape Cod and the Islands, Nantucket and Martha’s Vineyard, includes the inventory of furniture, fixtures and equipment. Listed as owned by Paul Davis Restoration in this document, subject to count and verification.
It includes the name, brand and signage, agreement not to compete as may be negotiated between buyer and sellers and the good will inuring to the business. A new lease is to be negotiated with the Landlord (Seller). The sellers will assist in the transfer of the license currently used by Paul Davis Restoration of Har-wich. Useable inventory will be sold to the buyer at the seller’s invoiced cost.
The Franchisor, Paul Davis Restoration ,Inc of Jacksonville, FL will require buyer (s) to complete an application and receive approval prior to the completion of the transaction.
ASSESSMENT OF OPPORTUNITY
Paul Davis Restoration of Harwich generates an attractive owner’s profit documented by IRS returns. Its sales and profits have shown a steady increase over the last three (3) years, in spite of an economy that is only
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Commercial Realty Advisors, Inc. specializes in the commercial and industrial real estate, mergers, acquisitions, joint ventures, divesti-tures, and other business broker strategies. It is a commercial and real estate and business brokerage based in Hyannis Massachusetts, with offices in Boston and specializing in mid-dle market transitions. The culture of the firm is that of an investment bank with a premium placed on intellectual vitality, relationship management and knowledge of geographic markets. A cadre of well educated and suc-cessful experts partner with clients to achieve objectives in a cost and time effective manner. Our business is broadly based. Our real estate practice includes development, investment and other commercial sale, lease and manage-ment arrangemanage-ments. Transactions include manufacturing, retailing, food processing, res-taurant and hospitality, golf coarse, marinas and other business.
For more information about Paul Davis Resto-ration of Harwich or other business opportuni-ties please contact:
Bill MacKenzie
Commercial Realty Advisors, Inc. 508-862-9000, ext. 111
