Newer existing drywall franchise at with low-mileage extended van.

Asking Price$60,000

Cash Flow
$27,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$50,000

Inventory$5,000
Included in asking price
FF&E$18,000
Included in asking price
Real EstateNot Disclosed

drywall and plaster repairsSave

Newer existing drywall franchise at with low-mileage extended van.


Asking Price$60,000

Cash Flow
$27,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$50,000

Inventory$5,000
Included in asking price
FF&E$18,000
Included in asking price
Real EstateNot Disclosed

Business Description
Drywall patching franchise with easy to learn, grow and manage.
This business was created 2/1/2024 and launched in March. The franchisor assisted with marketing in March, April and May at no cost to the owner. The first month of revenue came in May 2024. The first year of revenue was $50,000 and net profit was $27,000. This was achieved part-time as the owner had to spend more time on his contracting business.

Franchise resales can be a better investment with greater momentum than a new franchise. This Seller’s other business consumes most of his time, causing him to sell this franchise at an attractive price. He is a solo owner-operator of this business, as well as his other contracting business, so he only has a limited number of hours in the day. Having obtained his general contractor's license, he is busy with contracting work due to the low availability of skilled trades labor to meet the demand in home construction.

The beauty of this franchise opportunity is that drywall patching and repair is also in high demand in the construction and home improvement industry, but does not require a contractor's license, apprenticeship, or years of trade school. Most franchise owners run and manage the business and farm out the labor. While that is a logical next step for this business, the ideal buyer will ideally jump in initially to learn and perform the work while looking to hire.

Other aspects of this opportunity that reduce complexity and risk include 1) no employees, 2) no rent, 3) lower entry cost than a new franchise with a low mileage extended length van included, 4) twelve months of ramp-up data, 5) franchisor support including national answering service, google ad management, and operational software.

The owner has paused the ad budget, but because it is a proven ad campaign and not SEO, it can be turned back on by a new owner and handled by the franchisor to enable quick results. Despite the pause in advertising and only 1 year in business part-time, the owner is still fielding calls and performing patch work. He looks forward to handing off the business so he can focus on his more complex contracting work and hand off patch jobs to the new owner.

Services include drywall repair, plaster repair, painting, and fixing dings and dents. This niche has the elements of a high value business including a focused service with little distraction from larger jobs or a wide array of jobs, limited risk from scope creep, lower risk than repairing systems (electrical, HVAC, plumbing), return customers, referrals, a simple marketing message, a marketing and ad engine facilitated by the franchisor, systems provided by the franchisor, market growth and limited supply of labor (advantage if you are comfortable hiring, training and retaining labor or doing the work yourself), opportunity to create happy customers due to focused expertise on drywall repair versus "Jack of all trades."

There will always be competition, but in some industries like home improvement and repair, the demand outstrips the labor supply. Contractors and handy men and women who are skilled and service oriented will receive ample work and referrals. Nonetheless, every business needs effort and attention. This opportunity will be maximized by someone who is diligent and dedicated over someone who is looking for a semi-absentee cash machine right from the start.
About the Business
Years in Operation
1
Number of Employees
0
Currently Home Based
Yes
Facilities & Assets
Home based. Assets include a low-mileage extended length van, tools and supplies.
Market Outlook / Competition
There is always competition from handy persons, but little competition from owners supported by franchisors who provide systems, administration of advertising (owner funds the budget), and a national answering service. Home improvement and construction trades have growing demand and a shortage of labor to meet the demand.
Opportunities for Growth
A new owner must be involved and service-oriented. After further strengthening the brand and reputation, an opportunity exists to grow a team. The ideal buyer will be comfortable hiring, training, and retaining a dependable labor force.
About the Sale
Seller Motivation
The owner obtained a general contracting license and more complex contacting wor
Transition Support
2 weeks up to 20 hrs per week
Listing Info
ID
2362280
Listing Views
451

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Business Listed by: Ken Lee First Choice Business Brokers

Listing ID: 2362280 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. See our full Terms of Use. Learn how to avoid scams.


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