Cash Cow Home Improvement Concept, Minimal Comp
www.GlobalBX.com
Listing ID:
700345649
Listing Title:
Cash Cow Home Improvement Concept, Minimal Comp
Quick Link:
http://www.globalbx.com/listing.asp?bId=345649
Industry:
Business Services
Industry Segment:
Construction
Country:
United States
State / Province:
Tennessee
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
$807,791
Cash Flow:
$395,905
Cash Flow Type:
EBITDA
Year Established:
2011
Number of Employees:
1 - 3
Business Description:
Founded in 2011, the owners saw an under-served market in the preventive care of residential crawl spaces and basements. Upon further analysis it was discovered many of these spaces had been neglected causing issues such as poor indoor air quality, overall energy consumption, and damaged foundations. From there the brand proceeded to offer a streamline of repair services dedicated to these repair NEEDS.
Services:
The brand offers both preventative and repair services dedicated to moisture remediation and structural issues which includes:
- Drainage and Dehumidification Solutions
- Improper Framing
- Termite Damage
- Dry Rot
- Sticking Windows or Doors
- Sloping, bouncing, or uneven floors
How large of a demand is there for these services?
- It is estimated that 14,000 Americans suffer water damage to their homes daily resulting in over 2.5 billion dollars in damage paid out by insurance companies for water damage and mold.
- 98 percent of homeowners will encounter water damage to their basement at some point in their lifespans
- Termites cause more then 5 billion dollars in damage a year according to The National Pest Management Association
- According to MRC statistics, the Global Termite Control Market accounted for almost 3 billion dollars in 2016 and is projected to increase to 4.96 billion dollars in 2023.
The brand is equipped to handle these services, but it just represents a portion of their overall revenue
Investment: Range is $109,600 - $229,700 according to 2018 FDD. Total will depend on setup of business structure.
Earnings: You will need to validate individual earnings but average franchisee generated $807,791 with gross profit of $395,905 according to 2018 FDD.
Competition?
Every market varies but most current franchisees have very few competitors that offer such an extensive list of services.
Business model can be Owner Operator or Semi-Absentee
How do I get more information?
Call 512-587-7517
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