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Growing Home Service Co.-More than $800K in Sales

Somerset County, New Jersey

Asking Price: Gross: Cash Flow:
$249,000 $847,760 $114,863

Furniture and Fixtures Value:
$9,775 (included in the asking price)

Inventory Value:
$8,616 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
A growing national franchise that offers interior and exterior window washing, gutter cleaning, power washing, roof cleaning and Christmas lights services.The franchise is part of a larger family of franchise brands with national presence. The franchisor provides training, operational support, marketing assistance in addition to a proven business model. For the price close to what a new franchise would require, a new owner can acquire this franchise location which already generates above average revenue and is growing at a consistent rate since inception.There is substantial room for growth both in the residential and commercial market segments. There is also some room for price increases here based on current pricing and what other franchise locations are averaging as per the Franchise Disclosure Document (FDD).

 
   
   
Year Business was Established: 2016
   
Number of Employees: 8 FT  
   
Facilities / Terms of Lease: Owner operates the business from home and stores the supplies in a 400 square feet garage space.  
   
Potential Growth/Expansion: A new owner can grow the business by hiring more people and investing in more trucks. Additional commercial opportunities can be obtained by a focused marketing effort towards businesses and local government agencies.  
   
Competition: Competition in this industry is fragmented and there is no other similar franchised business in the area. Closest franchisees with territory protection are outside New Jersey. Current owner is mostly focused on residential customers within 10 square miles with a few commercial projects.  
   
Owner willing to finance: Lender pre-screened with $29K down.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Pursuing other opportunities.  
   
This business is Home Based.  
 

 

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