Price Reduced with Seller Financing Available

Dayton, OH (Greene County)

Seller Financing Available
Multi-Territory Opportunity
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: $240,000

EBITDA: N/A

FF&E: $35,000

Inventory: $2,000

Established: 2007

Price Reduced with Seller Financing Available

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Business Description

The business for sale is much more than just The Grout Medic franchises that offer about 6 services, it is a well known business that is well respected in the tile industry and is considered the experts in resolving tile, stone and grout issues and problems. We are often called by distinguished home builders to meet with their customers to resolve issues, as well as, large property management firms that
maintain 40 story office buildings in downtown Cincinnati. The reputation of the company and its workers are held in high regard. This has been built up over the years by the owner that things are done the right way and taking care of our customers is a priority. This simple philosophy towards business seems so easy to do but for the most part does not happen for the general public. The point here is treating people right and doing good work is a rarity and it’s not hard to do. That is why we have a
continuously growing customer base of over 7,000 customers that call us before considering anyone else to care for their home. Over $300K has been spent on making The Grout Medic of Cincinnati and Dayton a recognized name and company to service homes in the Cincinnati and Dayton area.

Detailed Information

Location:
Dayton, OH
Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building area needed is only used to store equipment using gasoline and flammable materials and can easily be relocated into a storage facility or garage. (Home Based)
Competition:
Pros: Prime Locations in Ohio that have been in business 12 years. Steady work flow throughout the years. Business offers multiple revenue streams. Repeat and referral customers and new customers daily. Cons: None
Growth & Expansion:
The possibilities of the business are substantial, aside of having approximately a +7000 customer database starting from 2007 which now provides $240,000 revenue with very little advertising due to strong positioning of organic internet presence, word of mouth and returning customers. The business has grown an excellent commercial footprint and ability to be found by commercial entities. Commercial jobs are always on the schedule. Although the business is founded on The Grout Medic services, the business is also known for natural stone restoration floors and patios, marble polishing and granite cleaning and sealing. We perform these additional services with nearly no competition. Additionally we perform tile installations.
Financing:
Currently Semi-Absentee Owner
Support & Training:
The current owner and franchisor will provide both startup and ongoing training. No industry experience is required.
Reason for Selling:
Retiring
Home-Based:
This business is Home-Based
Franchise:
This business is an established franchise
Business Website:
http://www.thegroutmedic.com/
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Mark Potocki

Business Listed By:
Mark Potocki

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