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Roofing-Siding-Solar Contracting Franchise Opportunity (Turnkey)

Morris County, NJ
listing image
Asking Price:$249,999
Rent:$1,625/Month
Established Year:2022
Gross Revenue:$515,000
FF&E:$80,000
Listing ID: 2302348Listing provided by BizBuySell
BUSINESS DESCRIPTION

Grow Your Own Contracting Company with a National Brand

Jumpstart your entrepreneurial journey with a previously owned and operated Mighty Dog Roofing business. Your 3 protected territories are situated in highly desirable zip codes throughout northern NJ. This turnkey business is priced to sell quickly as the current owners are committed to prior ventures.

This franchised business unit was purchased and operated on a semi-absentee basis. While the current owners have built a strong foundation, they believe the key to unlocking the full potential requires a full-time/dedicated owner-operator. Due to prior and competing commitments, the current owners do not have the capacity to manage the business on a regular/full-time basis.
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Mighty Dog Roofing is the flagship and first franchise brand launched by HorsePower in January of 2021.

HorsePower Brands® is a portfolio company in the home services franchising space. Our mission is simple: to provide consumers with service brands that prioritize care and integrity, aligning with their vision for home improvement. Through a dedicated focus on quality products and expert service providers, we aim to cater to every aspect of the home. Our approach centers on fostering a family of brands, each committed to excellence and community engagement.

Through franchising, we empower local entrepreneurs to build lasting legacies, enriching both their lives and the neighborhoods they serve. At HorsePower Brands®, we help grow and support local entrepreneurs by simplifying business ownership through a few key core strengths:

Infrastructure to solve business problems.
Data is our strategic asset.
Grow faster with a family of brands.

Source: https://horsepowerbrands.com/about/
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DETAILED INFORMATION
Location
Morris County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
01/07/2032
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business includes a fully furnished office (1000 SQFT as lease transfer), designed to support day-to-day operations and management. Also included are 2 branded/wrapped vehicles (Ford F150 and Dodge RAM) equipped with torneau bed covers and truck racksKey assets include 2 branded service vehicles, roofing equipment and tools. Digital assets include a robust customer database, branding materials, social media profiles with 2+ years of activity, and a website that is optimized for SEO lead generation.
Competition
The Freedonia Group published an industry study that analyzes the $25 billion US market for roofing. They have concluded that: - Rising Single-Family Housing Starts Will Boost Demand for New Residential Roofing - Growth for Solar Roofing Remains Strong - The US has a significant number of homes and businesses with roofs that are at or near the end of their life expectancies. Thus, age-related reroofing is the most significant driver of roofing demand in the US. Demand in New Jersey remains strong for roofing, siding, windows, and gutter services
Growth & Expansion
"...Demand for new residential roofing applications is forecast to rise as single-family housing starts return to growth after two consecutive years of decline following the demand surges of 2021. This will boost demand for more durable roofing materials – such as high-performance laminates, metal, and tile roofing – to better withstand severe weather conditions. Metal roofing will see solid growth in new roofing applications, as homebuilders/homeowners specify metal roofing to meet modern building codes for weather resistance..." Source: Freedonia Group
Support & Training
Franchisor will provide initial training via a 1-week academy and ongoing support via industry experts and dedicated franchise business coaches, covering each service area— commercial/residential roofing, solar, siding, windows/doors, and gutters.
Franchise
This business is an established franchise
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Michael Fitzpatrick
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Michael Fitzpatrick
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