**Deal Pending** Residential Home Improvement Franchise for Sale
Essex County, Massachusetts
| Asking Price: |
Gross: |
Cash Flow: |
| $349,000 |
$973,826 |
$231,373 |
Inventory Value:
$50,000 (included in the asking price)
Business Summary:
**Deal Pending** Here is an excellent opportunity to take advantage of the growing demand in the home improvement and remodeling industry! This well-established construction franchise offers a one-stop solution for homeowners and investment property managers alike. This business is equipped to handle simple repairs to full scale renovations including bathroom, kitchen, additions, and exterior remodels. Over the past 18 years, this franchise has accumulated a customer base of over 7,000 individuals, many of whom are repeat and/or referral customers. The financials are from P&L as of 9/30/2023.
|
|
| |
|
| |
|
| Number of Employees:
7 FT |
|
| |
|
| Potential
Growth/Expansion:
This business offers unlimited growth opportunities for those seeking increased profits. This business is expected to grow significantly due to the demand in residential remodeling and new construction opportunities. The housing price index is projected to rise an annualized 3.5% over the next five years through 2026. Major remodeling projects are often financed through consumers' second mortgages, and higher property values enable homeowners to borrow larger sums. Higher home prices encourage consumers to invest in their properties through renovations or additions rather than purchasing a new home altogether. |
|
| |
|
| Owner
willing to finance:
A qualified buyer should be able to obtain an SBA 7A loan with 10-20% down payment |
|
| |
|
| Owner
willing to train:
The seller will provide training and support to ensure a smooth transition |
|
| |
|
| Reason for selling:
Retirement |
|
|
|
| REQUEST MORE INFO |
 |
|
