Price Reduced with Seller Financing Available

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Asking Price:
$125,000

Gross Revenue:
$240,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$35,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The business for sale is much more than just The Grout Medic franchises that offer about 6 services, it is a well known business that is well respected in the tile industry and is considered the experts in resolving tile, stone and grout issues and problems. We are often called by distinguished home builders to meet with their customers to resolve issues, as well as, large property management firms that
maintain 40 story office buildings in downtown Cincinnati. The reputation of the company and its workers are held in high regard. This has been built up over the years by the owner that things are done the right way and taking care of our customers is a priority. This simple philosophy towards business seems so easy to do but for the most part does not happen for the general public. The point here is treating people right and doing good work is a rarity and it’s not hard to do. That is why we have a
continuously growing customer base of over 7,000 customers that call us before considering anyone else to care for their home. Over $300K has been spent on making The Grout Medic of Cincinnati and Dayton a recognized name and company to service homes in the Cincinnati and Dayton area.

About the Business

Location:
Dayton, Ohio
Year Established:
2007
Number of Employees:
7
Home Based:
Yes
Franchise:
Yes
Facilities:
The building area needed is only used to store equipment using gasoline and flammable materials and can easily be relocated into a storage facility or garage.
Website:
www.thegroutmedic.com/
Market Outlook/
Competition:
Pros: Prime Locations in Ohio that have been in business 12 years. Steady work flow throughout the years. Business offers multiple revenue streams. Repeat and referral customers and new customers daily. Cons: None
Growth & Expansion:
The possibilities of the business are substantial, aside of having approximately a +7000 customer database starting from 2007 which now provides $240,000 revenue with very little advertising due to strong positioning of organic internet presence, word of mouth and returning customers. The business has grown an excellent commercial footprint and ability to be found by commercial entities. Commercial jobs are always on the schedule. Although the business is founded on The Grout Medic services, the business is also known for natural stone restoration floors and patios, marble polishing and granite cleaning and sealing. We perform these additional services with nearly no competition. Additionally we perform tile installations.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
The current owner and franchisor will provide both startup and ongoing training. No industry experience is required.
Seller Financing:
Currently Semi-Absentee Owner

Listing Info

ID:
1581991
Ad Detail Views:
0

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Business Listed by

Mark Potocki

Franchise Dynamics

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U.S. Census Data for Darke, Greene and Montgomery Counties, OH
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Darke, Greene and Montgomery Counties, OH
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Source: American Community Survey (2010-2014), United States Census Bureau.

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