Growing Garage Renovation Franchise Business with multiple territories
Asking Price: | $325,000 |
Established Year: | 2023 |
Gross Revenue: | $634,080 |
Garage renovation is a $2 billion industry growing by 5% annually. We are thrilled to present a growing franchise business for your consideration. This business specializes in transforming garages with durable floor coatings and customizable heavy-duty cabinets and storage systems. Their solutions are designed to handle heavy objects and tough messes, while still maintaining an attractive appearance. The franchisor provides expert training and guidance and is dedicated to the success of their franchisees. Recently, the franchise fee and brand fee have been reduced to promote growth.
This business generated over $600,000 in revenue in the past twelve months. This is a promising start but short of projections. A full-time owner-operator may be able to reach the projected second-year goal of $1M in revenue. The seller is relocating, presenting a great opportunity for a local owner-operator. One of the most exciting benefits of this opportunity is the potential for growth. The purchase price includes four territories, spanning from Bothell to Renton and from Sammamish to Seattle. A new owner could easily add a second sales representative and crew.
If this business interests you, please complete the online contact/inquiry form. Our system will immediately send you the NDA to sign, which can be done from your mobile phone. Upon completion, our system will send you the marketing materials that further explain this opportunity. No waiting around. After reviewing the materials, please contact us to discuss next steps which includes making a non-binding offer. At that point, if we haven’t provided enough information for you to feel comfortable making an offer, we’ll do our best to accommodate. Some things will only be available upon opening escrow and an earnest deposit. It’s not often we get a business with so much upward trajectory so act fast.