Seller Financing-Kitchen and Bath Remodeling Franchise
Location: North Carolina > Buncombe County > Asheville area
Industry: Building and Const. Services > Other Services
Financials
Asking Price: $59,000
Gross Revenue: $118,991
Cash Flow: $30,746
Seller Financing: $29,500 down, Seller willing to finance $29,500
Business Summary
The year-to-date (through August) revenue is $60,928; cash flow (owner to prove) is $27,161 - way up from last year! This company is part of a franchise that began in 1988. They are one of the nation's leading remodeling service companies that work with clients to revitialize their kitchens and bathrooms. Their core expertise is in the maintenance, renewal, refacing and replacement of wood cabinetry. The franchisor provides a proven system of operation, a proven marketing system, a proven training program, ongoing training, group buying and a national advertising program.
About the Business
Year Established: 2000
Employees: 1 full time - 1 part time
Franchise: Yes
Facilities: This is mobile business. All business is conducted out of a truck and signed trailer.
Market Outlook and Competition: The variety of options offered by this company to give a "face lift" appeal to almost any homeowner interested in updating their kitchen or bathroom. This variety can accomodate almost any budget. Every home, apartment and condo has a kitchen and bath. Your customer can be just about anybody! The seller will pay for the new franchisee's Start Up Package $20,000 and the Transfer Fee, $3,000. This is a perfect opportunity. Currently, it is operated as a "hands on" business but it is scalable. Bring on a manager and sales force and there is no limit to its growth potential.
About the Sale
Management Training and Support: The seller is willing to train the new owner for two weeks at no additional cost. There is an extensive training program required by the franchisor.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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