$1.2 mil Run Rate / Great Growth Potential in Green Eco-Business

, California 7 views 0 favorites

Financial Highlights
Asking Price
$1,500,000
Revenue
$880,000
Business Description

Filta's environmental franchises have been handling the tough but essential job of fryer management and cooking oil filtration and removal (and other important related tasks) for restaurants and food establishments for over 20 years. Our proprietary filtration system gets more life out of commercial cooking oil, saving our customers time and money, and our ability to recycle oil once it’s outlived its usefulness means protecting the environment from spills and haphazard disposal. Today, Filta meets the needs of over 7,500 customers every week, and when you partner with us to open your Filta Environmental Kitchen Solutions franchise, you’ll enjoy the freedom of being your own boss, benefit from unmatched franchisor support, and tap into multiple revenue streams that leave the environment healthier and employees safer from the risk of painful burns and other accidents. Customers realize more than ever before the many benefits to be gained from our services because it helps save money, creates safer work environments, provides businesses with the tools to improve the quality of their products, and plays a role in preserving the environment. Filta provides highly skilled and trained FiltaFry technicians; customers obtain an all-inclusive fryer management service that reaches far beyond the scope of simple waste oil management. The Bay Area franchise was founded in 2012 and covers part of Sacramento County, Alameda County, Solano County, Contra Costa County, San Francisco, Oakland, and Berkely. Until 2019 the business grew steadily and since the COVID recovery business is back on track with a $1.2 mil run rate with double-digit growth year over year. Customers find great value in the service so it’s easy to win them. There are 50+ National Accounts, including stadiums, universities, hospitals, restaurants, casinos, supermarkets, and private high schools. Customer retention is high, as the current owners have built a reputation for quality service and reliability. This business runs from a commercial office/warehouse space. The business model is based on routed service and recurring revenue, and royalties are fixed, simply based upon the number of units you have in service. Seller has prepared the business for sale and will provide transition support and training to get you started. Inquire now! Don’t miss this opportunity to own a strong business in a great market that has tremendous potential for growth and longevity! Location: Rodeo, California Year Established: 2012 Number of Employees: 7 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 1,100 Rent: $1,450.00 Per Month Lease Expiration: 3/1/2025 Facilities: Vehicles Chevy Exp 1500, 2012 Chevy Exp 1500, 2013 Chevy Exp 2500, 2015 Chevy Exp 2500, 2015 Chevy Exp 2500, 2019 Dodge Pro Master 2500, 2017 All serviced up to date All vans have ramps, cage, tank, shelvings. Van has Filta wrap Equipment 7 x Gen 3 MFU (Mobile Filtration Unit) 8 x Vacuums 3 x 2,500 gallons waste oil tanks All other necessary equipment Market Outlook/ Competition: Recovering from COVID there is no competition and the demand for active fryer management has never been greater. We are the only company to provide a solution to on-site waste oil storage concerns. The time is now for Filta in the Bay area. Growth & Expansion: Filta continues to grow the service offering- currently, there are two channels to add in the Bay Area- FiltaGold and FiltaDrain.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 7 hours ago

Views: 7

Favorites: 0