Listing Number: 9525-839344
Description
Discover an exceptional opportunity to own a set of two thriving home improvement and remodeling businesses in Eastern Pennsylvania! Since 2018, the franchise business has earned a stellar reputation for quality and reliability. In mid-2023, offerings were expanded to include a non-franchised kitchen and bath remodeling company ensuring that all clients’ renovation needs are met.
The business operates out of a well-maintained, business-owned property that is included in the sale (valued at ~$400,000), offering a convenient and strategic base of operations.
With the capability to handle projects of various sizes, this business is well-equipped to manage jobs estimated under $12,500 through the franchise. For larger projects, the independent kitchen and bath remodeling company, included in this listing, ensures seamless service delivery.
The companies serve a wide range of clients, including homeowners, landlords, healthcare providers, retail and mall locations, homeowners associations, restaurants, and office buildings. This diverse clientele not only demonstrates versatility but also provides a steady stream of revenue across multiple sectors. The existing franchise territory offers substantial growth potential, allowing for expansion up to 20 miles in all directions without additional territory purchases. Year over year sales are up 27% for the Jan-Sept period!
The franchisor prefers an active owner/manager who lives in the area, but may consider qualified private equity firms.
This well-established business is primed for continued growth and is ready for a new owner to take it to the next level. 2024 numbers are STELLAR! Don’t miss your chance to invest in a proven, profitable franchise/independent combo venture in a growing market!
Listing Details
- Price: $ 2,500,000
- Down Payment: $2,500,000
- Sellers Discretionary Earnings: $ 855,000
- Total Sales: $ 3,185,614
- Location: Pennsylvania
- Inventory: $ 5,000
- FF&E: $ 50,000
- Employees: 25
- Year Established: 2018
- Reason for Selling: Retirement
- Category: Construction
