Wood Re-finishing Franchise, Price Slashed!

Succasunna, NJ
Morris County

Succasuanna


Asking Price: Annual Revenue:
$499,000 $450,000

Manufacturing: Wood, Stone, Concrete


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RE: Wood Re-finishing Franchise, Price Slashed! Broker: Dan Kenning

Quick Facts

Asking Price: $499,000
Annual Revenue: $450,000
Net Profit: $120,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $28,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 3
BBN Listing #: 850358319
Broker Reference #: Not Disclosed

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Business Overview:

N-hance of Morris Co. NJ is a in-home wood refinishing company that has been in business for 13 years. N-hance, an award winning in-home services company is a franchise system that has independently owned franchise owner throughout the country. Over the past 13 years the independent franchise owner in Morris Co. NJ has built a strong performance based business that has grown every year and has also shown strong profits. Why buy a new franchise and take all the risk of starting a new business when you can buy an already established money making machine. This business is ready to be sold, ownership can easily be transferred and day to day operations will automatically continue to perform.

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Market Competition and Expansion:

There are currently painters and some wood finishers but no one who can refinish wood with our proprietary products. Our price point and value proposition fits perfectly between low end painters and high end re-modelers, this gives our customers the perfect option at the right price. Conservatively, the territories that are being sold have the potential to do over $1.5 million. Since the business runs so well on it's own, effort to get it to the next level will be low.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • 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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