This business was created 2/1/2024 and launched in March. The franchisor assisted with marketing in March, April and May at no cost to the owner. The first month of revenue came in May 2024. The first year of revenue was $50,000 and net profit was $27,000. This was achieved part-time as the owner had to spend more time on his contracting business.
Franchise resales can be a better investment with greater momentum than a new franchise. This Seller’s other business consumes most of his time, causing him to sell this franchise at an attractive price. He is a solo owner-operator of this business, as well as his other contracting business, so he only has a limited number of hours in the day. Having obtained his general contractor's license, he is busy with contracting work due to the low availability of skilled trades labor to meet the demand in home construction.
The beauty of this franchise opportunity is that drywall patching and repair is also in high demand in the construction and home improvement industry, but does not require a contractor's license, apprenticeship, or years of trade school. Most franchise owners run and manage the business and farm out the labor. While that is a logical next step for this business, the ideal buyer will ideally jump in initially to learn and perform the work while looking to hire.
Other aspects of this opportunity that reduce complexity and risk include 1) no employees, 2) no rent, 3) lower entry cost than a new franchise with a low mileage extended length van included, 4) twelve months of ramp-up data, 5) franchisor support including national answering service, google ad management, and operational software.
The owner has paused the ad budget, but because it is a proven ad campaign and not SEO, it can be turned back on by a new owner and handled by the franchisor to enable quick results. Despite the pause in advertising and only 1 year in business part-time, the owner is still fielding calls and performing patch work. He looks forward to handing off the business so he can focus on his more complex contracting work and hand off patch jobs to the new owner.
Services include drywall repair, plaster repair, painting, and fixing dings and dents. This niche has the elements of a high value business including a focused service with little distraction from larger jobs or a wide array of jobs, limited risk from scope creep, lower risk than repairing systems (electrical, HVAC, plumbing), return customers, referrals, a simple marketing message, a marketing and ad engine facilitated by the franchisor, systems provided by the franchisor, market growth and limited supply of labor (advantage if you are comfortable hiring, training and retaining labor or doing the work yourself), opportunity to create happy customers due to focused expertise on drywall repair versus "Jack of all trades."
There will always be competition, but in some industries like home improvement and repair, the demand outstrips the labor supply. Contractors and handy men and women who are skilled and service oriented will receive ample work and referrals. Nonetheless, every business needs effort and attention. This opportunity will be maximized by someone who is diligent and dedicated over someone who is looking for a semi-absentee cash machine right from the start.
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The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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Listing Number:
Category:
Location:
Listed Price:
This business was created 2/1/2024 and launched in March. The franchisor assisted with marketing in March, April and May at no cost to the owner. The first month of revenue came in May 2024. The first year of revenue was $50,000 and net profit was $27,000. This was achieved part-time as the owner had to spend more time on his contracting business.
Franchise resales can be a better investment with greater momentum than a new franchise. This Seller’s other business consumes most of his time, causing him to sell this franchise at an attractive price. He is a solo owner-operator of this business, as well as his other contracting business, so he only has a limited number of hours in the day. Having obtained his general contractor's license, he is busy with contracting work due to the low availability of skilled trades labor to meet the demand in home construction.
The beauty of this franchise opportunity is that drywall patching and repair is also in high demand in the construction and home improvement industry, but does not require a contractor's license, apprenticeship, or years of trade school. Most franchise owners run and manage the business and farm out the labor. While that is a logical next step for this business, the ideal buyer will ideally jump in initially to learn and perform the work while looking to hire.
Other aspects of this opportunity that reduce complexity and risk include 1) no employees, 2) no rent, 3) lower entry cost than a new franchise with a low mileage extended length van included, 4) twelve months of ramp-up data, 5) franchisor support including national answering service, google ad management, and operational software.
The owner has paused the ad budget, but because it is a proven ad campaign and not SEO, it can be turned back on by a new owner and handled by the franchisor to enable quick results. Despite the pause in advertising and only 1 year in business part-time, the owner is still fielding calls and performing patch work. He looks forward to handing off the business so he can focus on his more complex contracting work and hand off patch jobs to the new owner.
Services include drywall repair, plaster repair, painting, and fixing dings and dents. This niche has the elements of a high value business including a focused service with little distraction from larger jobs or a wide array of jobs, limited risk from scope creep, lower risk than repairing systems (electrical, HVAC, plumbing), return customers, referrals, a simple marketing message, a marketing and ad engine facilitated by the franchisor, systems provided by the franchisor, market growth and limited supply of labor (advantage if you are comfortable hiring, training and retaining labor or doing the work yourself), opportunity to create happy customers due to focused expertise on drywall repair versus "Jack of all trades."
There will always be competition, but in some industries like home improvement and repair, the demand outstrips the labor supply. Contractors and handy men and women who are skilled and service oriented will receive ample work and referrals. Nonetheless, every business needs effort and attention. This opportunity will be maximized by someone who is diligent and dedicated over someone who is looking for a semi-absentee cash machine right from the start.
Financial Information
Gross Revenue:
Listed Price:
Down Payment:
Total Income:
Year Established:
Lease Information
Square Feet:
Total Rent:
Lease Expiration:
Lease Options:
Asset Information
Leasehold Improvements:
Equipment / Fixtures:
Inventory:
Other Assets:
Additional Information
Full-Time Employees:
Part-Time Employees:
Special License Required:
Contract Staff:
Training Period:
Reason for Selling:
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
