Established Home Repair and Improvement Franchise

Not Disclosed, VA

Asking Price: Annual Revenue:
$199,000 $1,104,885

Services: Home Improvement, Repair, Painting

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RE: Established Home Repair and Improvement Franchise Broker: Michael Metzger

Quick Facts

Asking Price: $199,000
Annual Revenue: $1,104,885
Net Profit: Not Disclosed
Cash Flow: $82,508
Total Debt: Not Disclosed
FF&E: $8,439
Real Estate: Not Disclosed
Year Established: 2014
Employees: 8
BBN Listing #: 38754955
Broker Reference #: 2006-15196

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Business Overview:

This home repair and improvement franchise services discerning homeowners across central Virginia. This nationally-proven concept serves the repair, restoration and maintenance needs of both residential and business customers, specializing in small jobs as well as larger projects, covering a wide range of “around-the-house” tasks, repairs, installations and maintenance found on everyone's to-do lists. Armed with a team of craftsmen, this company can do anything from simple carpentry to plumbing, electrical work and bathroom renovations. With a proven 5-year track record, this local franchise has become the #2 performing franchise in the system! Steady growth in sales year-over-year demonstrates the strength of the market and the demand for high-quality, reputable service. The full-time office staff works with the client to identify needs, develop solutions and book the jobs while the craftsmen perform the work in accordance with the company's strict standards.

The seller has been incredibly selective and discerning when it comes to hiring craftsmen and has nurtured strong relationships with sub contractors for those jobs requiring special licenses. This diligence has resulted in a high-performing team that earns the highest marks in customer satisfaction. In fact, the franchise regularly receives national and local awards for customer service!

This sale includes 2 well-established franchise territories. The ideal buyer will have experience in the construction industry, but a strong desire to work ON the business, not IN it. A Virginia Class A Contractor's License is required to operate this company. Seller/Franchisor willing to discuss options. He or she will be able to leverage the strengths of a proven franchise platform while building upon the stellar local reputation of the brand. A true turn-key operation!

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Property Features and Assets:

The 1900 sq ft facility is ideally suited to serve as a showroom and administrative space. Assets=$38,939

Market Competition and Expansion:

The company benefits from national marketing through the franchisor, but also conducts local/regional marketing via the internet and neighborhood home magazines. There is no shortage of residential home repair/remodeling contractors in Central Virginia. However, few have the backing and support of a strong national franchise and customers have come to appreciate that peace of mind. This industry is relatively recession-resistant as needs for the services persist regardless of the economy. With two large franchise territories, growth is limited only by the efforts of the owner to reach the market and service it with qualified craftsmen. The new owner will be well positioned to capitalize on a strong tactical platform to shape his or her strategic direction for the company. This company can rise to the next level with additional advertising and the hiring of more craftsmen.

Reason for Selling:

Family issues

Additional Details:

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

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