BRIDGEVIEW, Illinois
| Asking Price |
$160,000 |
Year Established |
2025 |
|
| Annual Revenue |
$250,000 |
Reason for Selling |
I have not been as successful as I had planned to be after 9 months, and while the business is starting to gain traction, it is not where it needs to be. I am proud of the sales I have made, as well as the > 60 reviews I have received and the business referral network that is starting to produce for me, and I would be happy to remain with the business in a different capacity for up to a year, if the new owner would want this. |
|
| Annual P/L |
$0 |
Attention |
Bud Trenum |
|
| Annual Cash Flow |
$0 |
Listing Number |
1013946 |
|
| # of Employees |
4 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Excited about your daily enterprise efforts being not only highly profitable, but also disrupting the $116 billion residential flooring industry?
While the rest of the industry still makes consumers leave their homes to visit a big box store to make a personal and important decision for their homes, our featured company brings the flooring store directly to our customers’ kitchen tables. Our revolutionary model of ease and convenience has been rewarded with the highest NET Promoter Score in our industry. In today’s world, where homeowners are focused on safety and convenience for their home improvement projects, our featured business stands out as a brand that has brought a new way of servicing customers to the flooring industry.
As a franchise opportunity, our featured company also stands out. Ours is a business built on relationships to provide our customers with the very best in-home flooring experience in North America! Our proven business model has also helped hundreds of entrepreneurs thrive – in a business that is simple-to-run and easy to scale. Our large, protected territories cover an area with over $40 million worth of residential flooring opportunity, and our exceptional training and ongoing support helps franchisees capitalize on this $40 million opportunity in their markets. With 150 locations currently open in the United States and Canada, our featured business is ready to rapidly expand across the country. Our commitment to giving back extends beyond the four walls of our customers’ homes and into the communities in which our customers live, work and play.
Property Features and Assets:
<p>Hard Assets</p><p>Mobile Showroom - 1 mobile showroom - 2023 Ford Transit Connect, 14K miles, good condition, leased. Includes the current<br>approved wrap.</p><p><br>Office Location and Warehouse - Warehouse and office location in Willow Springs.<br>Inventory, marketing collateral, and physical assets</p><p><br>Product sample boards, forklift, leftover flooring inventory, printed marketing collateral, door hangers, yard<br>signs, table cloth, show signage, tent canopy</p><p><br>Soft Assets<br>Installer and/or subcontractor partnerships<br>3 installers for laminate and luxury vinyl, 3 installers for carpet, 2 installers for hardwood - all in good<br>standing</p><p>Google star rating 5.0</p><p>Number of Google Reviews 48</p><p>B2B2C Partnerships</p><p>I belong to 2 Chambers of Commerce, as well as a BNI group. My B2B2C network includes 2 painters, 2<br>realtors, a plumber, a handyman, 3 interior designers, and 2 restoration organizations.</p><p>Co-Op yes - ChicagoI</p><p><br></p><p>Transition Plan</p><p>Transition Plan and Support<br>I am willing to stay for up to a year, if the new owner desires this. I can help in whatever capacity needed,<br>including DA/OM/PC responsibilities. I will also maintain my membership and participation in my BNI and<br>Chamber organizations.<br></p>
Market Competition and Expansion:
<p>"I have no regrets at having made this leap and have found the past year immensely rewarding. The franchisor team has been very supportive and has provided me with the necessary<br>tools and processes to be successful, and the other franchisees that I have interacted with have also been<br>very supportive and helpful." - current owner/seller<br></p><p>“Our industry has a huge opportunity. We have a defined market niche that we grow every year and we can grow as fast as the franchisee wants to. The thing I love about this industry is that it’s simple, you always have a renewable customer base, and with our brand, you have a business model that’s more relevant than ever before. We expect to grow four or five times larger than we are in the coming years.” - CEO of our featured parent company<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity