Lucrative Remodeling and Repair Franchise

Not Disclosed, OR
Washington County

Asking Price: Annual Revenue:
$515,000 $1,034,409

Services: Home Improvement, Repair, Painting

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RE: Lucrative Remodeling and Repair Franchise Broker: Michael Morrissey

Quick Facts

Asking Price: $515,000
Annual Revenue: $1,034,409
Net Profit: Not Disclosed
Cash Flow: $188,427
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 10
BBN Listing #: 158552348
Broker Reference #: 59071-141578

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Business Overview:

This premier home improvement company has been providing first class home maintenance solutions in the Portland area since 2010. They pride themselves on being available and on-time. As a locally owned service company, this business is rapidly changing property owners’ perception of the repair and remodeling industry by providing quality workmanship in a timely manner at a fair price. They focus on moderately sized repair and maintenance projects, with special emphasis on bathroom repairs, kitchen repairs, and value-enhancing remodels. This business is the virtual "one-stop-shop" for homeowners, investors, real estate professionals, and property managers. Utilizing their mobile workforce of a team of screened and highly-qualified employee-craftsmen, versus sub-contractors, and a 5 vehicle fleet, assures their goal of delivering reliability, professionalism, quality and courteous service to their customers every day throughout the Portland area. A middle management staff already in place will help a new owner to step in almost seamlessly whether they plan to be absentee or an owner operator.

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Property Features and Assets:

This thriving and successful franchise services 123 territories across 23 states. It was founded on the commitment to excellent customer service and expert quality craftsmanship. Customers have come to trust this franchises certainty of execution in their word and work. The seller bought this franchise because its high potential to become profitable quickly, its marketing programs and support, and the training and education the franchise provides. When the seller bought the franchise he had no previous experience in the construction/remodeling/repair industry. But thanks in part to the proven, repeatable and reliable system of business and support the franchise provides, he has been able to create a thriving business. Today the seller wishes to pursue a personal business passion, and thanks to the financial success he has enjoyed from owning this business, he can afford to do so.

Market Competition and Expansion:

The property repair and remodeling industry has a large variety of service providers to choose from. However, the brand name businesses, like this one, tend to have the competitive advantage since independent companies do not have the trustworthy reputation that follows a brand. In an industry where trust is key and horror stories of bad service and work are in abundant supply, owning a trusted reputable brand for service and quality craftsmanship helps generate business. There are only 2 other brand names operating in the Portland market. There are several areas of potential growth. With a grass roots local reputation for quality and customer service, this business is continuing to deploy technology to enhance their human touch and customer service. A continual integration of technology will not only allow to service customers better but deliver projects with quality work at less time and cost then competitors. With more people choosing to buy and remodel aging homes instead of buying new construction, elderly choosing to update and modify their homes, and the fast growing population of the Portland area, this business has a high potential for steady growth for the foreseeable future.

Reason for Selling:

Career change

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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