Business Overview:
The existing franchisee has had consistent revenue and margin growth while improving efficiency each year. Seller Financing available for qualified buyers.
Franchisor was founded on the principles of water conservation, the franchise delivers professional, innovative, and environmentally responsible irrigation services to its clients, including both residential homeowners and commercial property owners. It is environmentally responsible approach to irrigation reduces water use from sprinkler systems by up to 60% for a typical property while fostering lush, healthy lawns and landscapes and an attractive ROI to both property owners and franchisees. From repairs, maintenance, system redesigns, upgrades of existing irrigation systems, design and installation of new irrigation systems, and drainage projects. The company is a full-service irrigation company for both residential and commercial properties. As the first franchise offering in the irrigation industry, it offers clients the professionalism and comfort of dealing with a national branded entity compared to a small local “mom and pop” across the industry sector.
The business model includes:
Proven client acquisition and retention systems;
Proprietary irrigation system inspection methods to identify and communicate needed repairs and system efficiency upgrade opportunities to clients in order to secure sales; Year-round cycle of irrigation-focused services to offer franchisees tactics to smooth any seasonality in their local market; Consistent and predictable high-margin business model that produces median 61.0% gross profit margins for the top performing franchisees; Recurring revenue business model by “productizing” the service offerings into annual service agreements that creates stickiness of client relationships and revenue; Professionally installed drainage solutions to manage sudden downpours or continual rainfall in a very short period of time, thus mitigating the damage to expensive landscapes and home foundations;
National and regional account opportunities developed by the franchisor where the work is subcontracted out to franchisees; Robust proprietary field services IT platform for franchisees to market and operate their businesses; and Established supply chain relationships with manufacturers and distributors that provides a cost of goods advantage to.
Having started franchising in July 2017, it has grown to surpass 100 locations in less than 3.5 years. Among its numerous awards, it has been recognized on the Inc. 5000 list of America’s fastest growing private companies in 2019 and 2020. The system sales continued to grow rapidly (35% YOY) throughout 2020 despite the COVID-19 pandemic.
Hiring of more people will further increase revenues.
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Reason for Selling:
other interests
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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