Business Overview:
The subject business is a very successful supplier of protective linings and accessories for trucks, utility and recreational vehicles as well as other vehicles and industrial uses. In addition, they market a large assortment of related accessories and services. The business is housed in a modern, very high profile commercial building located a a busy thoroughfare. It has shown rapid and consistent growth since being acquired by the current ownership 4 years previous.
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Property Features and Assets:
The business is housed in a commercial facility fronting on a major thoroughfare. The facility is totally built out and equipped with all of the equipment needed to complete the various types of projects that they focus on.
Assets = $598,563
Market Competition and Expansion:
There are a variety of companies in the area that would seem to provide similar services and and products to the subject company. However, the name brand recognition and the quality of the product is beyond question. The more than 200 5-star reviews attest to the tremendous customer satisfaction provided.
Recent growth has been substantial with no slowing in sight. The enhanced interest in outdoor activities during the recent pandemic likely fueled part of that growth; however, the growth between 2021 and 2022, post pandemic, has been even more impressive. The addition of more accessories and services related to their primary lining business, will continue to spur additional growth.
Reason for Selling:
Move forward with alternative projects.
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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