LISTING DETAILS
Listing Status: Under Contract
Asking Price: $210,000
Total Sales: $306,750
Cash Flow: $82,763
Real Estate Asking Price: N/A
FFE: $24,000
Inventory: $1,950
FFE Included in Sale: Yes
Year Established: 2021
Employees: 1
Description
Business Summary:
Excellent opportunity to own an established business in one of the leading window treatment franchises in the nation. The franchisor network is comprised of over 1,200 independently locations across the country. The franchise territory covers central Montgomery County, Maryland including the towns of Gaithersburg, Derwood, and Montgomery Village. Since the franchise has been operated by the current owner from 2021 until today, they have worked with hundreds of customers to install custom blinds, shades, shutters, and more. Please note, this business is under contract, but you may still inquire so if something prevents the sale then we will have your information to follow with you at that point in time.
The business is home based, but also keeps a small office that is rented on a monthly basis and can be relocated anywhere in the service area or continued to be operated as a home based business. The exact location isn't critical as they bring the showroom to their customers and all consultations are conducted where the final install will take place. This also allows for product recommendations that fit the space/needs of the customer and for accurate measurements to be obtained prior to ordering. There is little to no overhead - very low rent, which could be eliminated and no inventory to keep on hand as the window treatments are delivered directly to the job site and then installed.
There is no staff required to operate the business as the owner can handle the sales and installation on their own or utilize 1099 independent contractors for the install work as the current owner does. An active owner operator that chooses to do the installations themselves can save/earn another $20,000-$30,000 annually on top of the numbers being claimed. All assets of the business will convey in the sale including a 2020 Dodge Ram Promaster with 19K miles. The owner is relocating out of the area making this the perfect opportunity to take over an established and growing business that's backed by a reputable franchise without the time and money of starting from scratch. The current owner will provide on-site and/or virtual training for an individual or group after the transaction is finalized. The franchisor also provides an on-site week long training program which is required for new owners.
Description of Facilities: The business is home based, but also keeps a small office that is rented on a monthly basis and can be relocated anywhere in the service area or continued to be operated as a home based business.
Competition: There is standard competition for the industry and market. The franchise is part of an established and well-known industry brand with competitive prices giving it an advantage over smaller operations in the market.
Growth & Expansion: There are a number of different opportunities to grow and expand the business. There has been a strong and sustained residential and commercial construction growth in the franchise territory. This looks poised to continue with many middle and higher income first time home buyers entering the market in the area. The owner has largely referred repair and maintenance work out, but this could also be brought in house to create an additional revenue stream.
Seller Financing Available: Yes
Seller Financing Terms: Seller Financing Available depending on the final purchase price, terms and qualifications of the buyer. The business is pre-qualified for an SBA Loan with 10-20% down payment over a 10 year term.
Reason for sale: Owner is moving out of the area.
Training & Support: The current owner will provide on-site and/or virtual training for an individual or group after the transaction is finalized. The franchisor also provides an on-site week long training program which is required for new owners.
For more information on this listing, please complete our Non-Disclosure Agreement
