MIMS, Florida
| Asking Price |
$75,000 |
Year Established |
2021 |
|
| Annual Revenue |
$361,416 |
Reason for Selling |
Divestment |
|
| Annual P/L |
|
Attention |
|
|
| Annual Cash Flow |
$65,719 |
Listing Number |
949986 |
|
| # of Employees |
1 |
Business Category |
Services: Home Improvement, Repair, Painting |
|
Business Overview:
This opportunity does NOT require any construction background, all installations are subbed out to reoccurring and fully vetted subcontractors. This business offers flooringsolutions to their client base, where 70% of the projects aretile, and 30% involving Vinyl. The target clients are homeowners seeking to renovate their homes, with an average job size about $11,000 and in 2023, the business completed 32 projects. The seller operates remotely from a home office, resulting in low overhead costs. The business requires very low capital expenditure and equipment. The corporate office acts as a virtual assistant where they manage lead generation and schedule client appointments. A training period of 6 months will be provided by the seller in addition to the franchisors training program. In order to sweeten the deal, the seller has also offered to carry 25% of the purchase price. Serving the Space Coast area of Florida, covering regions from south of Daytona (Mims Area) to Port St. Lucie and West Palm. There are growth opportunities identified in expanding into the commercial sector and hiring additional estimators and sales staff
Property Features and Assets:
Market Competition and Expansion:
<p>Growth Opportunities: Expand into the commercial sector, outsource to an estimating firm and hire additional sales staff<br></p>
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