Business Overview:
Priced at only about 1-times net cash flow, which is considerably below market value, this is an outstanding opportunity. The highly motivated seller must, very reluctantly, exit his business sooner rather than later, for personal reasons.
This is a very well-established Miracle Method franchise. It has not only a 40+ year track record of high-volume sales but also great potential for further growth. As part of a national franchise system a new owner will benefit from active corporate support, on-going training programs, and continuous daily flow of leads from the national website. Utilizing proprietary systems, the services offered, including countertop, vanity, bathtub, shower, and tile repair and refinishing, are unmatched with little to no market competition. From a technical perspective this franchise system utilizes the most up-to-date equipment, tools, products and processes to ensure it maintains its position as #1 in its industry. Entrepreneur's 44th Annual Franchise 500 list ranks Miracle Method #143/500 for 2023. This is up from 147 in 2022.
As a home remodeling type business, it is recession resistant. And this is a business that earns substantial profits but doesn?t require the owner to work nights or weekends! Plus, because the work is indoors, this is not a seasonal business. Profits can be earned year-round.
This San Francisco East Bay branch of the franchise has an unequaled established network of realtors, contractors, and property managers who provide ongoing work and referrals in any economic conditions. Ongoing training and tech seminars as well as an annual convention assure high morale and continued success. Work for yourself but not by yourself.
This is a turn-key opportunity that will allow a new owner to hit the ground running in a well-protected, highly profitable territory. The current owner is ready to retire and is seeking a motivated buyer with the desire to take this business to the next level and beyond. Join the #1 ranked surface refinishing company in a booming industry!
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Reason for Selling:
Retirement
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 not a franchise resale opportunity.
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