- Location
- Lake Norman of Catawba, North Carolina
- Categories
- Building & Construction
- Seller Financing
- Not Available
- Gross Revenue
- $789,209
- Cash Flow
- $87,500
- Is the property owned or leased?
- N/A
- What is the monthly cost of your location?
- $700
- Is this business that you wish to sell one location or a franchise?
- A Franchise
Business Description
Here’s a chance to own a business in the coveted home services market. This business offers the opportunity of operating one of the top franchises in the country that provide much needed, high quality repair and maintenance services for residential and commercial properties. You’ll gain access to state of the art technology which pairs perfectly with managerial functions and skilled labor.
There are currently five employees inside the business which include two craftsman, an office manager and two owners.
Key Highlights:
*A Nationally Recognized Brand
*Ranked Best of Best Franchises By Entrepreneur 2024
*Superb territory with plenty of growth opportunities
*The current mix of customers include 85% residential to 15% commercial.
Cash Flow noted was factored using a three year average (2021-2023), EBITDA plus owners salary. In 2023 the owner paid himself $92k in salary.
While this isn’t a one size fits all opportunity for all buyers, this is a great opportunity for any potential business owner who wants to step into ownership with a franchise with a strong brand name.
***A franchise transfer fee, training and background approval process may apply with this franchisor.
There are currently five employees inside the business which include two craftsman, an office manager and two owners.
Key Highlights:
*A Nationally Recognized Brand
*Ranked Best of Best Franchises By Entrepreneur 2024
*Superb territory with plenty of growth opportunities
*The current mix of customers include 85% residential to 15% commercial.
Cash Flow noted was factored using a three year average (2021-2023), EBITDA plus owners salary. In 2023 the owner paid himself $92k in salary.
While this isn’t a one size fits all opportunity for all buyers, this is a great opportunity for any potential business owner who wants to step into ownership with a franchise with a strong brand name.
***A franchise transfer fee, training and background approval process may apply with this franchisor.
Reason for Sale
The current sellers took over the business in August 2024 from the previous owner who started the business in 2019. A certain change in family matters is causing the partners to shift focus and sell the business.