Richmond Virginia Service Business With Massive Territory For Sale

Business description

Two businesses in one that are complimentary! A successful Paintin Contractor business with two websites and a crew along with a unique Crack Repair franchise.
The painting business includes a heavy duty Ford F-250 extended cab truck with cap and low miles-75K at the present time.
Lots of hand tools, a $2500 power washer, ladders, buckets, brushes etc.
The other adjoining business is a unique recession resistant franchise speacialzing in the repair of cracks in concrete,cement,block and stone walls,floors,driveways etc.Company has proprietary patented products that quoickly and neatly repair cracks in all types of walls and foundations even when they are leaking!Company has been opertaing systems for crack repair for over 20 years!
This franchise has equipemnt,an exclusive oversized territory available for the first time.typical investment is 150K for this territroy brand new and undeveloped.Seller has marital issues and needs to sell and has laid some of the marketing and brand awareness marketing already, plus a truck that is required is included in the sale!

Franchise terms

Franchise requires 7% monthly royalty and minimum advertising per month by franchisee.Franchise agreement is for 10 years.

Property information

Location:

The painting business includes two excellent websites,the truck, equipment and three man subcontracted crew.

The Franchise includes exclusive territroy of Richmaond and 48 zip codes.Franchisor will provide 800 number call answering by live operator for small additional charge if franchisee chooses to utilize this service.
Average crack is $700 cost to customer with about a 2 hour repair time and materials-Huge profit margin/low competition!

Other information

Expansion potential:

Huge! The franchisor receives leads and inquiries all the time through their savvy internet marketing and search engines plus franchise makes a name of ritself specializing in an area that just keeps growing.As homeowners stay in their homes and upgrade, they will need the service of this company more and more to repair steps,foundations,flooring and walls made of cement,concrete,stone and other hard materials.

Competition / Market:

Painting has competition of course but it has large profits since it is all labor and this company has a strong reputation. The crack repair-Limited.Hardly any company specializes in crack repair outside of this fats growing super franchise chain! Market through home inspectors,realtors,Home Depot,contarcators,network groups and at one repair per day average the cash flow is extraordinary!

Support & training:

40 hours training at no cost to buyer, 2 weeks at franchisor headquarters required and cost is to buyer.

Reasons for selling:

Marital issues force sale.

Trading hours:

service as needed

Financing available:

To be determined.Qualified buyers only.

Furniture / Fixtures value:

$26,000 (included in the asking price)

Inventory / Stock value:

$100