DUNBAR, West Virginia
| Asking Price |
$170,000 |
Year Established |
2020 |
|
| Annual Revenue |
$950,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Steve |
|
| Annual Cash Flow |
$0 |
Listing Number |
997426 |
|
| # of Employees |
10 |
Business Category |
Services: Home Improvement, Repair, Painting |
|
Business Overview:
This well established franchise business offers multiple types of services to both residential and commercial customers. These include: Handyman home repair and maintenance, Aging in place services, Interior and Exterior remodeling, Painting services (indoor & outdoor), Commercial property maintenance and repair services. The business serves a large territory and includes the following cities: Barboursville, Charleston, Culloden, Dunbar, Fraziers Bottom, Glenwood, Huntington, Hurricane, Institute, Milton, Nitro, Ona, Poca, Red House, Saint Albans, Scott Depot and Winfield. It specializes in small to medium projects that yield strong cash-flow and repeat business plus referrals. It is Google Review certified with a 4.6 rating. Includes a robust operations platform that does Marketing, CRM lead management, estimating, technician dispatching and Accounting tasks. A comprehensive website with SEO updates keeps the lead pipeline vibrant. The business has a Pro Partner business standing with Lowe's, Home Depot and Sherwin Williams. It receives Pro Pricing discounts and lead referrals from these merchants. The business can be operated semi-absentee as there is an Office Mgr. / Operations Mgr. that can oversee the business. Financial reporting and monthly closes are handled by a local highly rated CPA firm.
Property Features and Assets:
<p>The well situated office property is on an existing lease agreement for <strong>$2k/month</strong>. The property is for sale and valued at $370,000.00. The building includes a business office, warehouse and shop (includes a kitchen, conference room, lobby). There are <strong>5 vehicles included</strong>; 4 branded service vans and a Ford Explorer. There are <strong>$10k</strong> worth of tools, <strong>$5k</strong> worth of materials/supplies, <strong>$8k</strong> worth of office equipment (computers, tablets, monitors, phones, TV), <strong>$1.5k</strong> worth office furniture, $800.00 of signage/yard signs and Goodwill estimated at just over <strong>$8.5k</strong>.</p>
Market Competition and Expansion:
<p>This franchise has established itself quite well in the local economy. Its business partnerships and high customer service ratings have built a solid foundation for future growth. The owner is willing to stay on for 30 days to assist with questions on a case-by-case basis. Current employees and staff will most likely remain with the business. The upcoming <u><strong>annual owner's convention will be in February, 2026 </strong></u>so timing would be ideal for the new owner to be on board and through his/her training before the owner's conference.</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