Premier Cabinet Refinishing Franchise in Prime Market

Asking Price$149,900

Cash Flow
$87,986
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$497,401

Inventory$11,258
Not included in asking price
FF&E$26,300
Included in asking price
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Premier Cabinet Refinishing Franchise in Prime Market


Asking Price$149,900

Cash Flow
$87,986
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$497,401

Inventory$11,258
Not included in asking price
FF&E$26,300
Included in asking price
Business Description
established home services
Tremendous opportunity for the untapped commercial market share.
This is the sale of 2 franchise territories - Cary and Durham NC. A unique opportunity to partner with the top choice in Cabinet Refinishing.
The 3 owners have over 10 years of cabient sales and technical expertise and are also the franchisees for the Greensboro NC region.

As seasoned franchisees, the corporate headquarters leverages the in-house experience and talent. They have been selected to train the entire brand and headquarters in wood floor refinishing.

In 2020, the seller's expanded and purchased the profitable and hot Cary and Durham territories and have been commuting over 80 miles daily from Greensboro into Cary and Durham.

Nobody does it better and the new buyers of the Cary and Durham have easy access to the sellers!

One owner is approaching retirement and the other two owners continue to run other Greensboro-based businesses, thus prompting the decision to sell both the Cary and Durham territories while continuing to operate their Greensboro franchise.


Potential Growth
In addition to focused marketplace penetration, potential growth opportunities include:

Drawer Box and ergonomic Pull Outs

Hardwood floor refinishing, and

Existing kitchen redesigns and build outs

Competitive Overview
Location. The growth in residential housing for Cary and Durham has exploded and future growth should be exponential.

The Cary and Durham franchises beat the competition on a regular basis
by breathing new life into Triangle homes and workspaces.

Coupled with the support of the headquarters and the Greensboro franchisees, the buyer and their clientele have access to a wide ranges of styles, options and solutions to choose from at a fraction of the cost of a remodel.
About the Business
Years in Operation
5
Employees
5
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
Not Disclosed
About the Sale
Seller Motivation
Franchise territory too far from Owners
Transition Support
4 weeks
Listing Info
ID
2334148
Listing Views
859

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Business Listed by: RALLY DELEON Transworld Business Advisors of Raleigh-Durham

Listing ID: 2334148 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.