Services - Miscellaneous Repair

Asking Price	$290,750	Inventory
Gross Income	$195,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1996
FF&E	$32,000*	Employees	N/A

* included in the asking price

** not included in the asking price

American Leak Detection (www.americanleakdetection.com), the nation's leader in leak detection and repair has made available the franchise rights for Lexington and Eastern Kentucky (basically from Frankfort east and all areas north and south). The territory had been operated since 1996 as part of the territory comprised of the entire state of KY. The owner of the business is now on the ALD corporate staff and us unable to adequately operate a business that covers the entire state. Prior to his promotion, his operation had received the distinction of being the "best in the system" for a number of consecutive years. ALD provides services to residential, corporate, and municipal customers (visit web site for details). The revenue presented is that as the average for the past several years (there have been "extraordinary" years with revenue exceeding $700k). As the business was headquartered in Louisville, the eastern half of the state was never fully marketed and a tremendous opportunity exists for a "hands on" manager to open up the territory to other business. Substantial (up to $250k) in financing will be offered to qualified buyers.

Facilities: Sale includes $32,000 in equipment.

Growth/Expansion: Territory had been the entire state of KY and operated from an office in Louisville. The Eastern half of the state (basically from Frankfort east) has not really been marketed.

Financing: up to $250,000 for qualified buyers

Support/Training: Sale includes $15,000 in training

Reason Selling: Career change