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Businesses For Sale > Business For Sale in Monmouth County, New Jersey (NJ)

Home Improvement Business with $125K Cash Flow for sale in Monmouth County, NJ

Monmouth County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 375,000 $ 510,000 $ 125,000

Furniture and Fixtures Value:
$ 80,922 (included in the asking price)

Inventory Value:
$ 5,480 (included in the asking price)

Business Summary:
Home Improvements Remain HOT!Absentee Business $125K+ Cash Flow. Grout, Tile & Stone Restoration - Giant Central/South NJ area covering 10+ counties! 3 Trucks/Techs and adding more with HUGE growth potential!Currently hard to keep up with the work as homeowners continue to focus on home improvement projects. Techs are on the road every day and have to add more trucks on the road to keep up with the volume. If seller weren't involved with two other businesses - he wouldn't sell this one - incredible turn-key opportunity.Franchise is a leading innovator in the "hard surface" care industry that recognizes the special needs of homeowners and businesses. With the knowledge that customers want convenient, cost effective and quick results, they have developed unique products and processes that transform rooms with tired and old looking grout and tile back to looking like new in less than a day.Their proprietary cleaning methods and renowned ColorSeal process have set them apart from all companies in the floor restoration sector. Tremendous training and support from the franchisor - they book all appointments through their call center.

 
   
Year Business was Established: 2014
   
Number of Employees: 3 FT  
   
Facilities / Terms of Lease: The business is conducted on the road using the three (3) included vehicles. Office work can be accomplished using a home office and supplies can be delivered to a central location or directly to technicians for assigned jobs.  
   
Potential Growth/Expansion: Opportunities are endless with a giant geographical area covered under the franchise agreement. The territory includes 10 counties in New Jersey from Monmouth south to Cape May. With only three (3) trucks on the road currently, there is a backlog of work and plenty of opportunity to take on additional work with additional service technicians. Many customers are simply unwilling to wait the current 6 week lead. Sales could be increased tremendously by adding additional trucks/techs to handle all the work.  
   
Competition: Competition is limited to tile installation companies, home improvement and handyman firms. The industry is growing as the number of homes and businesses increase. The demand for this service by this company continues to increase. Their proprietary methods and systems leave the competition in the dust.  
   
Owner willing to finance: $325k down/$50k over 12 mos. @ 6%.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owner is involved with other business enterprises.  
   
This business is Home Based.  
   
Seller Reference Number: 3401-16181
BusinessMart.com Listing Number: 266811