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Absentee Business $80k+ Cash Flow For Sale

Monmouth County, New Jersey, US
Asking Price:
$375,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Cash Flow:

Absentee Business $80K+ Cash Flow. Grout, Tile & Stone Restoration - Huge area Central/South NJ - 3 Trucks & Giant growth potential!

Business is a leading innovator in the "hard surface" care industry that recognizes the special needs of homeowners and businesses. With the knowledge that customers want convenient, cost effective and quick results, they have developed unique products and processes that transform rooms with tired and old looking grout and tile back to looking like new in less than a day.

Their proprietary cleaning methods and renowned ColorSeal process have set them apart from all companies in the floor restoration sector.

Property Information

Premises Details:

The business is conducted on the road using the three (3) included vehicles.

Office work can be accomplished using a home office and supplies can be delivered to a central location or directly to technicians for assigned jobs.

Business Operation

Expansion Potential:

Opportunities are endless with a giant geographical area covered under the franchise agreement. The territory includes 10 counties in New Jersey from Monmouth south to Cape May.

With only three (3) trucks on the road currently, there is a backlog of work and plenty of opportunity to take on additional work with additional service technicians.

Many customers are simply unwilling to wait the current 3-4 week lead time which would be eliminated resulting in increased sales with additional staff.

Competition / Market:

Competition is limited to tile installation companies, home improvement and handyman firms. The industry is growing as the number of homes and businesses increase.

Reasons for selling:

Owner is involved with other business enterprises.

Trading hours:

Monday-Saturday 8am-8pm

3 FT
Years established:

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.
Currently the owner spends about five (5) hours per week assisting the senior technician with estimates. Experience in managing employees, general business and marketing skills would be helpful.

The business is required to be licensed as Home Improvement Contractor with the State of NJ.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$325k down/$50k over 12 mos. @ 6%.

Furniture / Fixtures value:
$80,922 - included in the asking price
Inventory / Stock value:
$5,480 - included in the asking price
Home based:
This business can be run from home.
This business can be relocated.

Contact Murphy Business & Financial

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