Detail information about the listing

 

Diversity of revenue, services, and clientele along with a high demand value proposition even during the Pandemic – this business has proven to be both agile and stable despite changes in market conditions.

 

Highly profitable, serving both residential and commercial clientele in the repair, remodeling, and property renovation space. A unique and popular solution that saves their clients time, money, and the typical “headache” of traditional remodeling. This innovative offering is easy to market, easy to sell and much easier to complete and “project manage” than typical remodeling services. 70-80 percent of work is completed in bathrooms and kitchens- the two highest demand and typically most expensive spaces to update in any property further making this business readily positioned for continued and expansive growth.

 

This multi-unit location is part of 150+ franchises located all throughout the U.S- giving franchise entrepreneurs and owners access to a highly successful and well-established, proven franchise system. Owning a franchise with established systems, techniques, and training- means no prior experience necessary in this line of work for a new owner. Comprehensive technical training, ongoing support, and education will be provided for new owners and also for existing and new employees. NY State DOES NOT require contractor license for this type of service.

 

The company completes on average 40 jobs per month, is generally booked out 2 to 3 weeks in advance with a significant portion of work coming from non-advertised sources such as repeat customers, referrals, and organic search. Customers are both residential and commercial which means the business has a healthy mix of B2B and B2C clients. The franchisor also has many and continues to add a mix of “National Account Clients” including Hotels, Retail Facilities, Military Bases, Assisted Living, and more. This location has built relationships and repeat business with local Colleges, Universities, Hospital and Medical facilities and more. These multiple sources of revenue help to provide a stable market and has proven to make the business strongly recession resistant.

 

Not only has this franchise business model shown it is recession resistance over 40+years nationally, but it has now also proven itself to be COVID resistant in 2020-2021.

 

Facilities are described below and there are eight (8) service vehicles plus one (1) sales vehicle. Service vehicles are fully equipped with storage systems, tools, specialized equipment, and inventory for on-site service. These vehicles truly are mobile workshops and offices all-in-one that are professionally outfitted and beautifully branded to represent the company. Services trucks techs can be added quickly and affordably to achieve economies of scale for anyone interested in expanding the business.

 

Both the facility and the vehicles are well maintained providing a desirable, professional, and safe workplace for the owner and employees.

Additional Details

  • State:NY
  • Asking Price:$1,800,000
  • Cash Flow:$450,000
  • Established:2012
  • Support & Training:New owner will be provided with a combination of formal training from the franchisor as well as several weeks of on-site support and training from the existing owner. This business is highly systematized so handover will be thorough and organized. Current owner very much wants to ensure the new owner is trained and supported to be successful in their new business.
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  • Reason For Leaving:Not ready to fully retire, but ready to scale back on business interests
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