ShelfGenie-Twin Cities, MN

Minneapolis, MN (Hennepin County)

ShelfGenie-Twin Cities, MN
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Asking Price: $175,000

Cash Flow: N/A

Gross Revenue: $460,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2014

ShelfGenie-Twin Cities, MN

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Business Description

Established Franchise business for sell. Low-cost, highly scalable

ShelfGenie is a customized Glide-Out shelving and storage solution franchise that has remodeled millions of cabinets in kitchens, pantries, bathrooms and garages since it began transforming spaces in 2007. Inc. magazine recently praised ShelfGenie’s ability to provide customized solutions to its growing base of clients, listing us as one of America’s fastest-growing companies. Entrepreneur magazine ranked us as one of the top 275 franchise systems in 2016.

“ShelfGenie takes away the frustration and pain that comes from living in a home that’s inefficient and poorly designed and transforms that home into a functional space that is made for enjoyment and love,” says Gillian Harper, Chief Operating Officer with ShelfGenie. “That is what we focus on, and we are transforming the lives of our clients every day.”

ShelfGenie designs, builds, and installs Glide-OutTM Shelving Systems. Our innovative shelving is custom-built to retrofit existing cabinets, resulting in perfectly placed shelves that glide in and out with just the touch of your fingers. With our system, cabinets are organized; storage is accessible, efficient and clutter-free. Glide-Out Shelving works in virtually every cabinet and pantry in the home and is beautiful and highly durable. From the kitchen to the bathroom to the garage, ShelfGenie does it all.

ShelfGenie is a home-based business model providing a niche product within a mature industry. We have highly effective tools and resources in place that allow franchisees to focus on scaling their business. Our franchise model allows the owner to focus on marketing and sales while leveraging designers and installation partners with the following systems and services:

• Streamlined Business Processes
• Centralized Business Support Center
• Need-based product
• WishPortal Franchise Management System - Full scale, customized CRM that is fully integrated into the Business Support Center and Media Buying Platform.

The ShelfGenie Business Process, Business Support Center, and WishPortal combine to bring operations and management systems only found at large companies – without the fixed overhead. All of the fees charged (Royalties, Business Support Center and WishPortal) are variable and related to sales.

Attached Documents


Detailed Information

Location:
Minneapolis, MN
Employees:
0
Facilities:
Low Overhead: Home-based business with most overhead costs being variable and directly related to sales This resale includes a 10'x20' Home Show Display, which is a tremendous asset to the business. (Home Based)
Competition:
Competition is typically: 1. Do-it-yourself websites and big box stores: Offer non-custom shelving that needs to be selected and installed by the home owner. 2. Local “Dealers:” some markets have locally owned “dealers” of pull-out shelving products. They usually do something else (other job, handyman, etc). Their focus is fragmented and inconsistent. Since they sell on price, they cannot afford to aggressively market, so we run into them on a limited basis. They offer limited design and product offerings and with no systems or brand experience.
Growth & Expansion:
Features of the business: 1. Recession Resistant 2. Scalable Business 3. Low Overhead – Home-based business with most overhead costs being variable and directly related to sales 4. Need-Based Product – Baby Boomers and Senior Citizens who don’t like to (or can’t) bend and reach the back of their cabinets and need more space (downsizing) 5. Cash Flows Quickly – Other than initial advertising and startup costs, our fast sales cycle allows owners to receive order deposits and outpace costs with cash flow.
Support & Training:
Comprehensive training - An intensive 8 days of training at our headquarters in Marietta allows our owners to hit the ground running. 1. Business systems training 2. Marketing Planning – closely working with our Director of Marketing and in-house Media Buyer 3. Sales Training 4. Installation Training Ongoing Support- Manufacturing, Business Support Center, Mark
Reason for Selling:
Current owners live in Omaha, NE, and own that market for ShelfGenie as well.
Home-Based:
This business is Home-Based
Franchise:
This business is an established franchise
Business Website:
http://www.shelfgenie.com/franchise
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Business Listed By:
Wes Barefoot

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