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 franchised business has earned a stellar reputation for quality and reliability.
With the capability to handle projects of various sizes, this business is well-equipped to manage jobs estimated under $12,500 through the franchise. In mid-2023, the company spun off the remodeling business into a non-franchised kitchen and bath remodeling company. This enhanced marketing and allowed for additional growth, while ensuring that client renovation needs were met.
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 consistently grow!
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. This property not only houses both businesses, but a month-to-month tenant leases an apartment upstairs (with a separate entrance), and there is an additional office suite with separate entrance that can be leased out as well.
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. 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: € 848,000
- Total Sales: € 3,200,000
- Location: Northampton County, Pennsylvania
- Inventory: € 5,000
- FF&E: € 50,000
- Employees: 17
- Year Established: 2018
- Reason for Selling: Retirement
- Category: Construction
