Great Lexington KY Franchise Resale - Priced to Sell!

Asking Price$83,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

Great Lexington KY Franchise Resale - Priced to Sell!


Asking Price$83,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Existing Franchise Resale for Popular Brand with In-Demand Services!
--> Rare franchise resale for a popular mobile home service franchise brand - cheaper than new! Step into a popular and operating 17-year franchise for the cost of new.

--> Business targets residential, multi-family, and commercial market segments. Virtually every household needs this service and is required by some insurance companies for multi-family and commercial customers.

--> The current owner operates the Louisville area and drives over to service the Greater Lexington KY market (1.5 hour drive). The seller wants to focus his time on his core market in Louisville and has decided to sell the business and territory rights to the Greater Lexington area for this popular home service franchise system. The territory encompasses Greater Lexington, Frankfort, Bridgeport, Versailles, Paris, North Middletown, and additional areas.

--> The business is run by the owner (face of the business). A technician drives a wrapped van (not included in the sale) and does most of the work.

--> The previous and current owners have established connections with numerous complementary businesses/referral sources, including property managers, realtors, and other referral sources - 17-year's worth to be specific. While this business is priced like a new territory start-up, you aren't going to get all of those connections from any traditional business startup. Hit the ground running on day 1!

--> The home-based concept keeps costs low. The buyer would need to hire a technician to perform the work and lease/purchase a wrapped van to get started. Additionally, the buyer would need to establish a new phone number as the existing one is tied to the owner's Louisville business.

--> Seller has done minimal advertising, relying on referral partners for customer referrals. Great upside for someone to come in and drive this market!

--> The listing price is for one large territory, and the seller is paying the franchise transfer fee. A buyer would need to acquire a wrapped van with tools (some tools will transfer). Additional training, office equipment, and miscellaneous items may be required from the franchisor.

If you are looking for a well-established brand with a large franchisor and a long history of sales at a start-up price, then you should inquire about this one.

--> Request information, and we will send you an NDA and Buyer Info sheet that can easily be filled out and signed online in a couple of minutes. Once completed, we will give you a call and discuss this opportunity with interested parties and connect you directly with the seller and franchisor.

* Image shown may be a stock image and may or may not be representative of the business being sold.
About the Business
Years in Operation
17
Employees
0
Currently Home Based
Yes
Franchise
This business is an established franchise
Facilities & Assets
This is a great service business that can be operated from a home-office environment - no expensive leases required! Some franchises rent self-storage space as need as they grow. The sale will include some equipment, but the buyer will likely need to buy additional pieces that the seller may require. While these would be in addition to the purchase price, the amount would likely not be significant.
Market Outlook / Competition
Typical competitive environment with other players in this space. This is an in-demand service that virtually every residential household and multi-unit complex needs. Additionally, there are huge opportunities within the commercial space as well.
Opportunities for Growth
The current owner has been managing this business from afar, affording a new local owner significant upside potential. Multi-unit restaurant owners love this type of business as it's simple to learn and replicate - simply add more trucks as you grow. Additionally, the franchise system has numerous complementary brands that can be networked to maximize organic leads.
About the Sale
Seller Motivation
Owner wants to focus more on his home territory in Lousivlle.
Transition Support
The franchisee is willing to stay on for up to 30 days + a new owner will attend training at the corporate training center. You will like this franchise system and the parent company - they are very supportive, and it's not uncommon for a franchise owner to own multiple brands from this parent company!
Listing Info
ID
2394999
Listing Views
484

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Crystal Stokely Franchise Broker Group

Listing ID: 2394999 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.