Established Renew Crew 30% Growth During Covid-19

Southlake, TX
Tarrant County

Home office


Asking Price: Annual Revenue:
$35,000 $157,507

Services: Cleaning


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RE: Established Renew Crew 30% Growth During Covid-19 Broker: John Allen Dees

Quick Facts

Asking Price: $35,000
Annual Revenue: $157,507
Net Profit: Not Disclosed
Cash Flow: $20,637
Total Debt: Not Disclosed
FF&E: $34,311
Real Estate: Not Disclosed
Year Established: 2018
Employees: 4
BBN Listing #: 397644695
Broker Reference #: BBN--Renew-TarCo

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Business Overview:

Seller Must Sell-
Price Reduced to Asset Value Despite 30% Revenue Growth from 2018-2019.

The BUSINESS HAS Continued to Grow despite the Covid-19 virus.

Seller added a sales manager!

Get in now at an incredible price of FFE & Inventory Value. Includes Renew Crew Van!

The business has made it from startup to fully operational and profitable in 2.5 yrs
2020 Jan-May Profit is $20,637
Asset and Inventory value $34,000

Completely turnkey with customers in place!
Low Cost!

Renew Crew Tarrant County North TX is an operational Franchise. Renew Crew has a national reputation for providing the most affordable and best cleaning and protection of outside surfaces.

2018 business generated $62,788.
2019 business generated $157,507 a 151% increase over 2018.
2020 Jan-July business generated $129,977 a 30% increase of Jan-Jul 2019 $100,145.

The owner is selling due to relocation. It is a turnkey business and a new owner can step in and take advantage of the growth, the low price compared to opening a new Renew Crew and starting from zero. All the work the seller has put in to get the business through the first two years means you do not have to experience the startup stage.

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Property Features and Assets:

Operates from home office

Market Competition and Expansion:

It is a turnkey business and a new owner can step in and take advantage of the growth and all the work done year one and through 2019. It is profitable. Growth was 151% from Yr 1 to 2 and 50% for 5 months 2019 to 5 months 2020 and 30% for 7 months 2019 to 7 months 2020. Exclusive market. The Tarrant County North Renew Crew market covers 24 zip codes which include a population of 704,287 residents. Household incomes include 106,830 of $100,000 plus, 78,039 of $125,000 plus and 56,227 of $150,000 plus. In addition, the business covers 4 zip codes in the Denton market as there is not Renew Crew owner in that market.

Reason for Selling:

Relocation

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is a franchise resale opportunity.

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