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- RE: Booming Home Improvement Business (w/RE)
- Contact: Gina Chapman
Quick Facts
Asking Price: | $2,500,000 | |
Annual Revenue: | $3,185,614 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $855,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | $400,000 | |
Year Established: | 2018 | |
Employees: | 25 | |
BBN Listing #: | 946062 | |
Broker Reference #: | 9525-839344 |
Business Overview:
Discover an exceptional opportunity to own a set of two thriving home improvement and remodeling businesses in Eastern Pennsylvania! Since 2018, the franchise business has earned a stellar reputation for quality and reliability. In mid-2023, offerings were expanded to include a non-franchised kitchen and bath remodeling company ensuring that all clients’ renovation needs are met.
The business operates out of a well-maintained, business-owned property that is included in the sale (valued at ~$400,000), offering a convenient and strategic base of operations.
With the capability to handle projects of various sizes, this business is well-equipped to manage jobs estimated under $12,500 through the franchise. For larger projects, the independent kitchen and bath remodeling company, included in this listing, ensures seamless service delivery.
The companies serve a wide range of clients, including homeowners, landlords, healthcare providers, retail and mall locations, homeowners associations, restaurants, and office buildings. This diverse clientele not only demonstrates versatility but also provides a steady stream of revenue across multiple sectors. The existing franchise territory offers substantial growth potential, allowing for expansion up to 20 miles in all directions without additional territory purchases. Year over year sales are up 27% for the Jan-Sept period!
The franchisor prefers an active owner/manager who lives in the area, but may consider qualified private equity firms.
This well-established business is primed for continued growth and is ready for a new owner to take it to the next level. 2024 numbers are STELLAR! Don’t miss your chance to invest in a proven, profitable franchise/independent combo venture in a growing market!
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Property Features and Assets:
Facilities: Real estate in great location is available for purchase. (All rent paid currently is paid back to owner's corporate entity.) Building is 2800 sq feet PLUS attic and full basement. There is also a separate office that has rented in the past for $950 a month.
Monthly Rent: $5,000.00
Square Units (Foot, Meter): 2,800
Terms Options: flexible
FF&E Overview: About 14 vehicles, two trailers, furniture, other equipment
FF&E General Condition: Good
Market Competition and Expansion:
Expansion: Remodeling division of the company spun off in May 2023 and has great growth potential.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Pennsylvania businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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