Business Overview

This turn-key business specializes in wood repair and restoration including residential furniture, cabinets, doors, and trims. They provide service to commercial accounts such as offices buildings, retirement centers, restaurants, hotels, and all types of building maintenance or renovation projects. They work with insurance companies by replacing and re-building cabinets or furniture damaged from water or fire. This is a huge upside potential as there is unmet demand in these key areas of focus: Disaster Relief, Water/Fire mitigation, and more!

The franchise has had the same owner for 28 years, who built the business from the ground up to current size. Now it is a Top 15 revenue producer in the franchise. A wonderful franchise to own with exemplary training provided. Why buy a franchise and start from scratch without a customer base when you can own this established franchise and start making money DAY ONE.

Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Financial

  • Asking Price: $300,000
  • Cash Flow: $161,812
  • Gross Revenue: $523,740
  • EBITDA: N/A
  • FF&E: $30,000
  • Inventory: $5,000
  • Inventory Included: Yes
  • Established: 1995

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

2,800 S.F. of Industrial Space

Is Support & Training Included:

Yes, 4 weeks.

Purpose For Selling:

Retirement

Established Franchise:

This Business Is An Established Franchise

Additional Info

The venture was established in 1995, making the business 27 years old.
The transaction shall include inventory valued at $5,000, which is included in the listing price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell companies. Nevertheless, the genuine reason vs the one they tell you might be 2 entirely different things. For instance, they may claim "I have way too many various obligations" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be justifications to try to hide the reality of altering demographics, increased competition, recent reduction in earnings, or a variety of other reasons. This is why it is really crucial that you not rely totally on a seller's word, however instead, make use of the seller's solution along with your total due diligence. This will paint an extra realistic picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Many operating businesses take out loans in order to cover points such as supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that revenue margins are too tight. Many companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that must be met or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location draw in new customers? Many times, businesses have repeat consumers, which form the core of their day-to-day earnings. Particular aspects such as brand-new competition growing up around the location, road building and construction, and also employee turn over can influence repeat consumers as well as adversely influence future revenues. One vital point to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business regularly, the higher the possibility to construct a returning consumer base. A final thought is the general location demographics. Is the business placed in a densely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood typical household earnings impact future revenue potential?