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BUSINESS FOR SALE - PROFILE #  42590003

Franchise w/ 6-Territories... DOMINATE the Market!
St. Louis, MO

Asking Price: $625,000   Down Payment: $625,000  
Gross Revenue: $576,173   Adj. Cash Flow*: $50,679  
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Executive Summary

Residential real estate inventories are at their lowest levels nationwide and house seekers are frustrated trying to find upgraded quality homes.


Mortgage rates are on the rise and loan approval remains a challenge for many home owners. 


Home owners are learning it is more cost effective to upgrade and remodel their existing homes versus the difficulties of buying a newer and more expensive house.  By upgrading their existing living spaces, this new generation of home owners are benefiting from lower costs and increased value in their homes. 


Today’s generation of home owners are tech-savvy and appreciate the artful craftsmanship which mixes “old school” retro with sophisticated newer designs in a tech-driven, clean, and functional living space.  This is your time to launch into the cutting edge side of an otherwise mainstream trades industry.  With the size covered by these 6 territories, you will have more work than you can handle and you would only be limited by your ability to imagine growth.


This business opportunity will immediately place you at the center of the St. Louis’ renovation boom.  As home owners seek affordable, fast, and professional solutions to update their cabinets and wood surfaces, YOU will be ready and in position with trained crews and the latest technology, plus existing customers and marketing history, to stay ahead of slow, unskilled, and inexperienced competition.


The wood resurfacing marketspace is wide open in the Greater St. Louis region.  This business opportunity immediately places you as the niched subject matter expert on wood surface renewal.  You will get exclusive privilege to 6 territories encompassing a significant portion of the St. Louis area and the entire Columbia/Jefferson City area.  This business is still fresh, only 2.5 years in operations, but has doubled in 6-figure revenue each year with every indication of continuing to grow.  You also benefit from exclusive installer relationships with Home Depot stores located across the region.

Acquisition Highlights

  • Franchise marketing fee plus any additional independent marketing desired by the owner.
  • Services are generally provided by appointment only. Customers call or submit online for inquiries and appointments. There are 8 employees, including the owner. 2 employees are full time; the owner serves as the manager and 5 employees are part-time.
  • To receive the financial information packet, prospective buyers/investors should request the Non-Disclosure Agreement ( NDA), Pre-Qualification Questionnaire, and Personal Financial Statement (PFS) from the listing broker.
  • This is a franchise re-sale. The new owner will need to be vetted and approved by the franchise corporate office.
  • There are six areas which make up the franchise territories. Each territory is based on population count and drawn with boundaries as determined by the franchise corporate office. These territories comprise a significant portion of the St. Louis marketplace, the outer counties, and a significant area around Jefferson City and Columbia.
  • The business was started in late 2015 by the current owner. The owner added 5 territories the following year. The business does not require any specific background skills; however, the new owner should plan to attend franchise training (TBD and at their expense) within 60 days of purchasing the business. The new owner should have an interest in the trade services industry and an eye for details and pride in craftsmanship. Good customer service skills, basic marketing skills, and solid business skills would be beneficial.
  • Financing Information:  Negotiable; Owner Financing Considered; SBA Qualified
  • Training Information:  4 weeks
  • This business is a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2015 Inventory:
Employees: 2 FT, 3 PT , 1 Mgrs Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Jeff Kalil
Phone:  (314) 833-9207
E-mail:  jeff@vrgatewaystl.com
VR Business Brokers-ST. LOUIS, MO
12981 Maurer Industrial Dr.
Suite 4
St. Louis, MO 63127
www.vrgatewaystl.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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