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Business For Sale
MOBILE SCREEN REPAIR & HOLIDAY DECOR INSTALLATION
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Asking Price: |
$390,000
USD USA Dollars
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Business for Sale Industry: |
Services: Repair, Home Improvement, Painting
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Reason for Selling:
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Personal. |
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Year Established:
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1995 |
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# of Employees:
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6 part-time |
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Yearly Revenues:
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$444,500 |
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Yearly Cash Flow:
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$179,000 |
Business for Sale Overview:
This is an outstanding opportunity to buy two proven, very profitable, complementary, opposite-season franchises located in the most economically high-end territories in Contra Costa county (Black Hawk, Walnut Creek, Danville, Alamo, San Ramon, Pleasanton, Dublin, Livermore, etc.). With one of the franchises, this company offers the consumer a unique service providing the convenience of never having to worry about removing or re-installing window and door screens, or screen repair and/or replacement of their worn-out or damaged screens. It also eliminates the trouble of calling a handyman to make those special custom installations. The mobile workshop includes all the necessary products and equipment to perform quick, high-quality screen repair and fabrication right at the customer's home. The company also sells and installs new pre-fabricated window and door screens as well as related products such as retractable awnings, pet doors, etc. And just when the screening season starts to wind down the company’s other franchise business—installation of holiday decorations--starts to kick in. For most families, the fall/winter holiday season is one of the busiest times of the year. Finding time to decorate one's home or business is not an easy task, often requiring several days of work. This company helps busy families gain more time with their families during the holidays. Installing holiday spirit is a great job to have—high level job satisfaction--especially when you can earn great profits in the process! A 90% customer retention rate has been achieved. Franchising provides the opportunity to be master of your own financial destiny, while enjoying the support of an established organization and the resources it commands.
Property Features and Assets:
3-year lease with renewal options on 1,000 square feet
Market Competition and Expansion:
Combining these two unique, proven franchises gives the company tremendous competitive advantage over single service providers. The usual source of competition for new screens or screen repair work comes from lumberyards, home centers, hardware stores and glass shops. These businesses are seldom enthusiastic about providing screening services and rarely provide on-site screen repair work. In fact, many times these businesses have become valuable referral sources for this company. Holiday decorating offers the ability to generate significant revenues during a time that is traditionally slow for many seasonal businesses. The combination of these two franchises results in the ability to offset fixed overhead costs and maintain key employees all year around. They cross-sell decorating services to their existing base of screening customers and vice versa, while generating new customers with the convenience of both services. There is already huge demand for these services. And growth prospects are strong due to the fact that the owners of this company have primarily only focused on residential customers. The commercial/business market is only just starting to be developed and seems to promise a much higher rate of return on investment. The mobile screen repair/replacement business has seen significant, steady growth which is expected to continue. And, as for the holiday decoration installation business, the company has primarily focused on the Christmas season. There is tremendous potential for other holidays. The holiday lighting and decorating industry is bigger than ever and growing at an unprecedented pace. Although the industry is in its infancy, time-starved consumers spent over $200 million last year on decorating services during the holidays.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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