Seller's Contact Information
- RE: Home And Commercial Specialty Space Improvements
- Contact: Frank Chebalo
Quick Facts
Asking Price: | $749,000 | |
Annual Revenue: | $1,231,038 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $352,325 | |
Total Debt: | Not Disclosed | |
FF&E: | $186,117 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 7 | |
BBN Listing #: | 26744955 | |
Broker Reference #: | 2007-17440 |
Business Overview:
Well established Franchise, Business, and Operation
Home based Office Operation with ancillary warehouse and storage rental space
Business Assets include vehicles and equipment necessary to run the business
Specialty Spaces include Garages and Storage Spaces
Specialty Produce include an epoxy-based floor coating system
Experienced Employees
Large Customer and referral base
Operating since 2017 this Specialty Home and Commercial space improvements franchise has been growing revenue and a customer base since day one. In 2022 the business achieved over $1.25 million in top line revenue enjoying a cash flow exceeding $200,000. The business focuses on improvements for specific spaces such as garages and storage spaces. The expertise delivered by the franchise and business allows for the design and installation of storage and cabinet systems converting cluttered spaces into clean and organized operational spaces for a homeowner or commercial establishment. In addition, the business is well known for the installation of an epoxy-based floor coating system. The product results in a flooring surface providing superior protection and durability while at the same time looking beautiful and attractive, and not to mention, easy to clean. The overall space organization increases the functionality of the utility space converting it to an efficient work and storage area. Homeowners and commercial clients are raving about the conversions. The result is an organized and designed space both from an organizational standpoint as well as an efficiency standpoint complete with a nearly indestructible flooring surface.
Four full time and two-part time employees support the operation with room and expansion for growth. The owner is willing to discuss and share what moving the business to the next level would look like. However, for this owner, due to some prevailing health issues he is finding it’s time to hand over the reins. He will be willing to share his operational strategy and be happy to participate in a transition to adequately satisfy a new owner taking over.
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Property Features and Assets:
Based on efficiency the owner has designed an operation here where the back-office work is completed in his home office and warehouse space is rented to store product and equipment needed for the business. Therefore 1,000 square feet of warehouse space satisfies the business need at $700 per month. Assets = $186,117
Reason for Selling:
Health Related.
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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