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Business ID: BS------
T/O $776,500 p.a. in only second year, Huge growth potential. Owner's income $ $143,300 p.a. Top 10 Award 2019. Successful in current Covid Market!!
This is a franchise that was first started in England 20 years ago and has been operating in Australia and New Zealand for 16 years with over 113 franchisees altogether; it has recently commenced business in USA and has a proven successful track record. The concept is that it is possible to renovate and give an existing kitchen a “Facelift” by adding new modern surfaces to the current kitchen infrastructure to obtain a brand-new result, at a fraction of the cost of a total new kitchen. Due to current market many people are staying instead of traveling and there has been a surge in sales leads for renovation facelifts and a strong pipeline of work.
-Established Franchise System
-History of Profits
-Low risk of customer default
-Large and Lucrative Territories
-Can be grown to the size the buyer wants
-Simple to manage
-All systems in place No experience necessary
-Fixed monthly franchise fee which helps to forecast cashflow etc
-National website marketing
-Discounted group pricing of materials with major suppliers
-Head Office support through systems, operations and training
-Franchisees network together and provide support to each other
-Annual Franchisee conference
The vendor is happy to train the buyer for a reasonable period.
No experience is necessary as all the systems are in place, marketing sales and entrepreneurial flair would be an asset and this is ideal for a husband and wife team. The hard period of first establishment has been done and the full potential of this huge Sydney territory is now available for the astute buyer. Recent weekly sales show that this business is growing even in the current covid conditions.
Asking Price: $300,000 open to negotiation, for the assets and goodwill of this business. Stock is not included and will be valued at cost on the date of settlement; it is currently worth approximately $10,000.
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