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- RE: Garage Cabinets And Flooring
- Contact: Dave Key
Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $806,974 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $225,236 | |
Total Debt: | Not Disclosed | |
FF&E: | $35,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 6 | |
BBN Listing #: | 981688 | |
Broker Reference #: | 6213-18668 |
Business Overview:
This desirable franchise in the Houston market has exclusive rights to more than 30 Zip codes. They specialize in epoxy floors and also offer garage storage and organization solutions such as built in cabinets and racks. Exclusive territory rights will transfer to the new owner with the Seller paying the $15,000 transfer fee. This Franchisor was named #1 in their category in Entrepreneur magazine. The Houston market is vast and continues to be one of the hottest growth markets in the USA.
Franchise Fee is flat and fixed at $4,300 a month for 2024/2025 and $6,900 beyond.
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Property Features and Assets:
The business operates out of an attractive leased space of 2,500 square which includes a showroom.
Assets = $85,000
Market Competition and Expansion:
There are several competitors in this space but none any better with the quality of their products, their longevity and name in the market, the marketing and web site capability and professional reputation.
The company owns three Houston metro territories that includes over 30 zip codes in some of the most affluent area of Houston. The Houston housing market for new builds and upgrades continues with year over year growth.
Reason for Selling:
The owners are selling due to a partnership break.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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