Business For Sale

Bathroom Remodeling Franchise

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$375,000 $1,649,588

Services: Construction, Contractors

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RE: Bathroom Remodeling Franchise Broker: Andy Fischer

Quick Facts

Asking Price: $375,000
Annual Revenue: $1,649,588
Net Profit: Not Disclosed
Cash Flow: $340,053
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 8
BBN Listing #: 97554955
Broker Reference #: 1040-14204

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Business Overview:

This franchise is the nation’s largest bathroom remodeling company with 40 years in the market and over 100 cities served. They offer complete bathroom remodels, tub and shower updates, plus accessibility and safety solutions. This franchise was established in 2017 and has become very profitable, experiencing a strong growth since the beginning. Current pipeline in excess of $350k. Territories include Palm Beach and Broward counties. Sales are trending to $ 1.5 MM plus in 2018. Excellent staff in place. Exclusive providers of one Home Depot store and of all JC Penney Stores.

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Property Features and Assets:

Warehouse with 5,000 sq ft @ $5,218 (includes CAM and Taxes). Lease expires March 2020. One 5 year option to renew. Assets= $190,000

Market Competition and Expansion:

There are 2 other companies that specialize in bathroom remodeling. They are smaller and less known, cheaper and lower end. The competition only does vinyl, no stone and they only do showers and bath tubs, they don't get involved in the remaining of the rest room. This franchise is the largest remodeling company in the US and it has been in the market for 40 years. The growth of this franchise has been very strong. Keeping up the momentum and investing smartly in advertising will keep this business growing. Very important is creating a strong team of installers that can keep up with the jobs.

Reason for Selling:

Focus on another non related business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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