Turnkey Flooring & Tile Franchise | $175K Cash Flow | MN-Based
Business Description
This established franchise provides a full range of flooring services, including flooring restoration, refinishing, hardwood installation, LVP/vinyl installation, and laminate. Recently, the franchise has also expanded into full bathroom remodel services, creating significant new revenue opportunities for the incoming owner.
Located in the Twin Cities, this business covers over 60 affluent zip codes across two exclusive territories. The current owner purchased the business coming from a corporate background with no prior experience in the trades.
They manage the business locally, but remotely, focusing on administrative tasks and business development, typically wrapping up their workday around 3:30 PM. With an exceptional team of subcontractors handling all fieldwork, the owner can concentrate on growth and client relationships, making this an ideal opportunity for someone looking to leave corporate America or a tradesperson ready to step back from labor-intensive work.
One of the main attractions of this franchise is the comprehensive marketing support provided by the corporate office. This includes top-tier SEO, PPC, lead generation, and brand recognition, resulting in hundreds of five-star Google reviews and an impressive 4.83-star average.
Financials for 2024:
Revenue: $711,842
Net Profit: $127,891
Seller Discretionary Earnings (SDE): $175,523
The new owner has the option to take the test for a builder remodeler’s license, unlocking an entirely new revenue stream and a significant competitive advantage in this market.
The current owner is looking to move back to their hometown to start a different business with a family member. They are committed to a smooth transition and are willing to stay on temporarily to introduce the buyer to subcontractors and provide comprehensive training.
For more information, please inquire for an NDA to receive access to the Confidential Information Memorandum (CIM).
Located in the Twin Cities, this business covers over 60 affluent zip codes across two exclusive territories. The current owner purchased the business coming from a corporate background with no prior experience in the trades.
They manage the business locally, but remotely, focusing on administrative tasks and business development, typically wrapping up their workday around 3:30 PM. With an exceptional team of subcontractors handling all fieldwork, the owner can concentrate on growth and client relationships, making this an ideal opportunity for someone looking to leave corporate America or a tradesperson ready to step back from labor-intensive work.
One of the main attractions of this franchise is the comprehensive marketing support provided by the corporate office. This includes top-tier SEO, PPC, lead generation, and brand recognition, resulting in hundreds of five-star Google reviews and an impressive 4.83-star average.
Financials for 2024:
Revenue: $711,842
Net Profit: $127,891
Seller Discretionary Earnings (SDE): $175,523
The new owner has the option to take the test for a builder remodeler’s license, unlocking an entirely new revenue stream and a significant competitive advantage in this market.
The current owner is looking to move back to their hometown to start a different business with a family member. They are committed to a smooth transition and are willing to stay on temporarily to introduce the buyer to subcontractors and provide comprehensive training.
For more information, please inquire for an NDA to receive access to the Confidential Information Memorandum (CIM).
About the Business
- Years in Operation
- 17
- Currently Home Based
- Yes
- Facilities & Assets
- Wrapped vehicle included
- Opportunities for Growth
- A significant growth opportunity has recently launched within the franchise, offering full bathroom remodel and tile services. The new owner can unlock this revenue stream by taking the test for a builder remodeler’s license, potentially increasing new lead flow by up to 50% and creating a substantial competitive advantage in the local market.
About the Sale
- Seller Motivation
- Moving back to hometown
- Transition Support
- The Seller is willing help train & support buyer in any capacity for a smooth transition after the sale for up to 8 weeks.
Listing Info
- ID
- 2367869
- Listing Views
- 594
Listing ID: 2367869 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.
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