NOT DISCLOSED, North Carolina
| Asking Price |
$9,590,000 |
Year Established |
1996 |
|
| Annual Revenue |
$10,500,450 |
Reason for Selling |
Retiring. |
|
| Annual P/L |
$0 |
Attention |
Ron Buck |
|
| Annual Cash Flow |
$2,530,624 |
Listing Number |
1016943 |
|
| # of Employees |
28 |
Business Category |
Services: Home Improvement, Repair, Painting |
|
Business Overview:
This established remodeling enterprise serves homeowners throughout central North Carolina. Its core specialty, backed by a national franchisor, has operated in the market for several decades,earning a leading reputation for quality, product selection, and an industry-leading workmanship warranty. A complementary service line broadens its reach across the home renovation category. The company draws a broad homeowner base, with particular strength among older homeowners pursuing accessible, aging-in-place upgrades. Demand is generated through a multi-channel marketing program.
The turnkey operation is supported by an experienced management team, trained installation staff, and a structured,in-home consultative sales process. Operations are centralized within a sizeable standalone commercial facility combining showroom and warehouse space,currently at capacity with room to expand. The transaction includes a multi-vehicle service fleet supporting field operations across the territory.Growth opportunities include expanded advertising, additional sales channels,extension of the complementary service line, and new locations to capture a larger share of a large, growing regional market.
The SDE shown includes a rent charge of $135,000 (with a 3% annual escalator thereafter), is based on the Last Twelve Months through July 31, 2026, and is for a full-time owner-operator. A third-party landlord is offering and representing the real estate for lease.
Property Features and Assets:
<p>Operations are centralized within a sizeable standalone commercial facility in central North Carolina, combining showroom and warehouse space with loading dock access. Held under a long-term net lease with a renewal option, the property is in good condition and is currently used at full capacity with room to expand. A separate off-site lot accommodates trailer storage, and the transaction includes a multi-vehicle service fleet.<br></p><p>Assets = $270,000</p>
Market Competition and Expansion:
<p>With three decades of operating history in its core specialty, the company has built a loyal, repeat-and-referral customer base in a large, growing regional market. Competitors range from small independents to larger regional and national names, but few combine this tenure, an in-house trade team, and established franchise support. Industry-wide, demand for professional renovation continues to outpace do-it-yourself activity.<br></p><p>Multiple avenues exist to grow the business beyond its current scale: deeper penetration of existing service areas through increased marketing spend, expansion of national retail-referral partnerships, added mobile showroom capacity, and extension into adjacent service lines or territory. Facility capacity allows for near-term growth without requiring additional real estate.<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