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- RE: Premier Cabinet Refinishing Franchise In Prime Mar
- Contact: Rally DeLeon
Quick Facts
Asking Price: | $149,900 | |
Annual Revenue: | $496,630 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $85,752 | |
Total Debt: | Not Disclosed | |
FF&E: | $26,300 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 5 | |
BBN Listing #: | 986176 | |
Broker Reference #: | 67675-684140 |
Business Overview:
Unique opportunity to partner with America's #1 Cabinet Refinisher. As the franchisee in the hottest residential market in the nation, you'll be helping homeowners with all cabinet makeover needs. Tremendous opportunity for the untapped commercial market share. This is the sale of 2 franchise territories - Cary and Durham NC
The 3 owners have over 10 years of cabient sales and technical expertise and are also the franchisees for the Greensboro NC region.
As seasoned franchisees, the corporate headquarters leverages the in-house experience and talent. They have been selected to train the entire brand and headquarters in wood floor refinishing.
In 2020, the seller's expanded and purchased the profitable and hot Cary and Durham territories and have been commuting over 80 miles daily from Greensboro into Cary and Durham.
Nobody does it better and the new buyers of the Cary and Durham have easy access to the sellers!
One owner is approaching retirement and the other two owners continue to run other Greensboro-based businesses, thus prompting the decision to sell both the Cary and Durham territories while continuing to operate their Greensboro franchise.
Potential Growth
In addition to focused marketplace penetration, potential growth opportunities include:
Drawer Box and ergonomic Pull Outs
Hardwood floor refinishing, and
Existing kitchen redesigns and build outs
Competitive Overview
Location. The growth in residential housing for Cary and Durham has exploded and future growth should be exponential.
The Cary and Durham franchises beat the competition on a regular basis
by breathing new life into Triangle homes and workspaces.
Coupled with the support of the headquarters and the Greensboro franchisees, the buyer and their clientele have access to a wide ranges of styles, options and solutions to choose from at a fraction of the cost of a remodel.
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Reason for Selling:
Franchise territory too far from OwnersAdditional 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
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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