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- RE: Window Screening Franchise For Sale
- Contact: Michael Metzger
Quick Facts
Asking Price: | $425,000 | |
Annual Revenue: | $502,994 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $168,041 | |
Total Debt: | Not Disclosed | |
FF&E: | $49,790 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 3 | |
BBN Listing #: | 943186 | |
Broker Reference #: | 2006-18275 |
Business Overview:
If you're looking for a way to be in business FOR yourself but not BY yourself, this could be the right opportunity. This national franchise specializes in custom, on-site window screen manufacturing, installation and repair for both residential and commercial needs. This company also specializes in screen porches and three-season rooms, whether it's a new installation, or simply repairing or restoring an exiting one. They can even install retractable screens, both motorized and manual, for large outdoor spaces and doorways/windows, as well as indoor and outdoor roller shades and security screens.
With only one other full time employee, the owner enjoys a flexible schedule and full support of the franchisor. The company currently owns one franchise territory in the Richmond market, with adjoining territories available.
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Property Features and Assets:
The 1,500 sq ft facility is conveniently located near a major interstate providing for easy access throughout the region. The site is used primarily for vehicle and supply storage and is currently on a year-to-year lease with favorable terms.
Assets = $49,790
Market Competition and Expansion:
The COVID pandemic was great for this business as homeowners spent more time at home. Likewise, the current real estate market has inspired many homeowners to update their home rather than move. There are many "handymen" who can do screen jobs, but there is only one other company who specializes in this type of work. Fortunately, local competition is almost nil due to this company's instant brand recognition and specialized processes to complete any job in a timely and efficient manner. Over the past 9 years, the company has established a strong reputation for responsiveness, knowledge, and quality of workmanship!
Opportunities for growth include expansion Into neighboring territories, or expanding coverage of current territory by increasing staff. Furthermore, there is a huge opportunity to introduce other product lines that are tangential to core offerings, such as aluminum railings, awnings, etc.
Reason for Selling:
Owner is pursuing new opportunities.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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