Home Improvement Business, 3 yrs as National Franchise
Omaha, NE
| Asking Price: | $400,000 |
| Established Year: | 2022 |
| Gross Revenue: | $400,000 |
Listing ID: 2285589Listing provided by BizBuySell
BUSINESS DESCRIPTION
High demand, 50% commercial with no competition, absentee owner
Absentee owners looking to sell or find a qualified operating partner.
Established Home Improvement Franchise with 3 years of steady financials over $400k. Should be doing $1M+
Surface refinishing service for bathrooms, kitchens, and floors
Great business to combat inflationary construction costs, high demand
Commercial and Residential revenue split 50/50
Steady stream of apartment clients, hotels, and home owners, with potential to do hospitals, universities, and facilities
Competitor recently exited business
Reason for selling: Other business interests demand our time
Open to brokers
DETAILED INFORMATION
Location
Omaha, NE
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,300
Employees
7
Facilities
Very good central location with warehouse and showroom. Several vans.
Competition
Business model is very good-digital marketing and referals. There is little competition. Refinishing bathrooms, kitchens, and floors are 70-80% less than replacement. In construction, this is the only viable option for universities, hospitals, hotels, commercial facilities and homeowners who can't spend $10k+ per room on a remodel. The franchise has a 40yr track record and growing rapidly.
Growth & Expansion
The business should be doing $1M. There are several examples of this franchise around the country doing $1-2M in similar markets. No sales has been done. All lead gen and referrals.
Financing
An operating partner would be preferable to seller financing.
Support & Training
Our operating manager is a minor partner(part time) and will help as long as necessary. Our other businesses in Omaha allow us to offer substantial support.
Reason for Selling
We own other businesses and this needs a full time operator. We wish we had one!
Franchise
This business is an established franchise
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