Growing Home Service Co.-More Than $900K In Sales
Relocatable, NJ Somerset County
Central New Jersey
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- RE: Growing Home Service Co.-More Than $900K In Sales
- Contact: Vipin Singh
Quick Facts
| Asking Price: | $349,000 | |
| Annual Revenue: | $916,200 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $179,481 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $170,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 8 | |
| BBN Listing #: | 82194955 | |
| Broker Reference #: | 3409-18039 |
Business Overview:
A growing national franchise that offers interior and exterior window washing, gutter cleaning, power washing, roof cleaning and Christmas lights services.The franchise is part of a larger family of franchise brands with national presence. The franchisor provides training, operational support, marketing assistance in addition to a proven business model. For the price close to what a new franchise would require, a new owner can acquire this franchise location which already generates above average revenue and is growing at a consistent rate since inception.
There is substantial room for growth both in the residential and commercial market segments. There is also some room for price increases here based on current pricing and what other franchise locations are averaging as per the Franchise Disclosure Document (FDD).
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Property Features and Assets:
Owner operates the business from home and stores the supplies in a 400 square feet garage space.Assets = $175,000
Market Competition and Expansion:
Competition in this industry is fragmented and there is no other similar franchised business in the area.Closest franchisees with territory protection are outside New Jersey. Current owner is mostly focused on residential customers within 10 square miles with a few commercial projects. A new owner can grow the business by hiring more people and utilizing the new van. Additional commercial opportunities can be obtained by a focused marketing effort towards businesses and local government agencies.
Reason for Selling:
Pursuing other opportunities.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
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