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Successful Window Treatment Franchise

Henrico County, VA

Seller Financing Available

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Asking Price:$499,950
Gross Revenue:$1,060,000
FF&E:$30,000
Cash Flow:$230,000
Rent:$1,972/Month
Established Year:2002
Listing ID: 2306975Listing provided by BizBuySell
BUSINESS DESCRIPTION

Successful Home based window covering franchise

The franchisor is an international custom window treatment franchise, in operation since 1992. Approximately 1500 locations are operating throughout the U.S., Canada, & Mexico. The franchisor is well-positioned with all major custom window treatment manufacturers and offers extensive support, training, marketing, and vast knowledge and expertise. The local offices are independently owned and operated and provide expert consultation, sales, and installation of custom window treatment products for residential and commercial applications. 

This franchise location has been in the Richmond market for 20 years and is very successful. Repeat business, referral business, and sales leads from the franchisor have kept this business growing at a Compound Annual Growth Rate of 18% per year over the past 5 years. That growth rate is sustainable and represents great potential for a new owner. Sales are over $1M and SDE is over $200,000. This business will go quickly so inquire now.

DETAILED INFORMATION
Location
Henrico County, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,449
Lease Expiration
31/07/2028
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Office space, showroom, and warehouse facility centrally located in West End of Henrico County.
Competition
A long successful national and local presence has this business well positioned in a strong market and offers several significant competitive advantages.
Growth & Expansion
The location has grown at a CAGR of 18% for the period of 2019 to 2024. This rate is sustainable with little additional investment. However, there is plenty of market share & growth potential with additional local marketing/advertising (current business does very little), greater commercial/builder/designer opportunity focus (current business does very little in these areas). An additional installer could be added to double current capacity.
Financing
A small amount of financing is available to help with SBA financing.
Support & Training
Extensive national and local support enables you as the new owner to be in business for yourself, but not by yourself. Once approved as a franchise owner, you will be enrolled in an extensive two-week training program where you will learn everything you need to know about operating a successful business.
Reason for Selling
Current owners plan to focus more on their two other small businesses.
Home-Based
This business is Home-Based
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Michael
Mitchell
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Michael Mitchell
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