Tile and Grout Service Franchise

Wake County, NC

Grout being washed
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Asking Price: $174,500

Cash Flow: $81,000

Gross Revenue: $368,887

EBITDA: N/A

FF&E: N/A

Inventory: $5,000

Established: 2017

Tile and Grout Service Franchise

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Business Description

This home-based franchise offers low overhead with large exclusive territories. The certified and insured technicians perform restoration and repair to residential and commercial tile and grout clients. This business has a proven approach to success through a combination of a premium home services and superior proprietary products. They only use quality products, using the most effective yet least invasive procedures to get optimal results for each client.

Detailed Information

Location:
Wake County, NC
Inventory:
Included in asking price
Employees:
3 contractors
Facilities:
Type of Location: Warehouse Monthly Rent: $500 Facilities: This is home based business. One storage facility is rented to store supplies. (Home Based)
Competition:
Competition: There are 3 other tile/grout maintenance companies in the Triangle.
Growth & Expansion:
Potential Growth: Potential to double profits within a few years, with lower overhead and more advertising and more contractors.
Financing:
Franchise Renewal: Oct 1, 2024 Royalty %: 1,000 Franchise Transfer Fee: $1,500 -
Support & Training:
Owners will work with the buyer to insure a smooth transition. The franchisor has a two week training program at their headquarters. Franchise Renewal Date: Oct 1, 2024 Royalty %: 1,000 Franchise Transfer Fee: $1,500 --Paid By: Buyer Training Fee: $3,000 --Paid By: Buyer
Reason for Selling:
Owners are relocating.
Home-Based:
This business is Home-Based
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George Bradbury

Business Listed By:
George Bradbury

ENLIGN Business Brokers

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Sponsoring Broker:
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

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