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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