🔥 Ready to make way for Santa Claus with your own Chimney Repair and Duct Cleaning business in Maryland? Explore the intricacies of acquiring a business with just a 10% down payment on an SBA loan! Dive into our latest episode for a detailed analysis of this unique opportunity. 🔥 🎧 Episode Highlights: 1️⃣ Red Flag Alert: "Employee-free Business" - Understand the challenges and opportunities of acquiring a business currently operating without employees. Is it a hidden gem or a cautionary tale? 2️⃣ Strengths Insight: "Evergreen Demand in Home Services" - Discover why the home service industry, particularly chimney repair and duct cleaning, remains a lucrative and stable market. 3️⃣ Employee Quality: "Attracting High-Caliber Talent" - Learn how the industry's fair pay can attract higher quality employees, a crucial factor in the success of your business. 💡 Financial Breakdown: Purchase Price: $485,500 Your Down Payment: Approx. $48,550 Remaining Debt: Approx. $436,950 Estimated Cash Flow: $150k, with about $70k remaining after monthly payments of $6,650 👥 Consult Your Team: Bring your accountant, lawyer, equity partner, and due diligence expert into the conversation. Make a well-informed decision that could shape your future. 🍪 Embrace the opportunity to own a turnkey business like a Crumbl franchise. It's more than just a transaction; it's a strategic move towards entrepreneurship. 📲 Share this with aspiring entrepreneurs or anyone looking to dive into the home service industry. --- Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support
From "The New 1%"
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