National Franchising Business For Sale

Business description

This bathtub reglazing business was founded by the current owners in 1989. The home improvement market is growing dramatically and reglazing services have real value to home owners, remodelers, property managers and others.

After 6 years of research & development and operating a very successful local reglazing business, the franchise system was launched in 1995. There are currently 24 active franchises in Canada and the opportunity here is to sell and service 100’s more in Canada and to expand to the USA and other countries through Master Licensing.

This Franchisor is currently the largest franchise system in its industry in Canada! It most certainly has the potential to become the largest franchise system in its industry in North America . . . And beyond.

In 2000 this Franchisor launched a line of acrylic bathtub liners and acrylic wall surrounds. These products further expanded sales for its franchisees to grow their businesses to better serve their customer’s needs. These and other developments, combined with their proprietary business system, has allowed for annual growth of 20 to 30% to be realized.

There are currently 20 individual franchisees with 24 franchised areas in Canada. These franchisees pay an initial Franchise Fee and then purchase their materials from the Franchisor and also pay a royalty based on 5% of their gross sales paid monthly to the Franchisor.

This Franchisor receives many enquiries per month from people wishing to purchase a franchise even though they only budget 1% of their sales revenue for advertising. Substantial franchise expansion could take place with minimal effort. Because of the declining health of the owner and founder of the business, growth has been held back for the past two years. There is a very significant pent up demand from qualified prospects that would like to purchase franchises. These prospects are from all across Canada and from the USA.

This Franchisor’s system is already very successful with combined franchise productivity approaching $3,000,000 annually. There is a huge potential for growth as there are many areas available to be franchised through individual franchise sales and through Master Licensing.

This progressive franchising organization has Trademarks for both Canada and the USA. Because of the unique and dynamic nature of this business, it can be operated from nearly anywhere in North America. It is currently being operated from the owner’s home and is ready for relocation to the city of your choice.

Absolutely no franchise or specific industry experience is necessary to take this business to the next level as the current owner will provide full operational training. The ideal purchaser would be an individual or team with strong sales and management skills that would be interested in taking an established and successful franchise organization and maximizing its potential throughout Canada, the USA and beyond.

Contact us today for full information!

Franchise terms

See Offering Circular

Property information

Location:

Can Be Relocated To Most Anywhere In North America!

Other information

Expansion potential:

Outstanding Potential For Continued Expansion Across Canada and beyond!

Competition / Market:

This company is the leader in this industry!

Support & training:

Absolutely no franchise or specific industry experience is necessary to take this business to the next level as the current owner will provide full operational training.

Reasons for selling:

Seller has health issues.

Trading hours:

5 Days per week

Financing available:

Seller will carry back up to $200,000 for a qualified buyer!

Furniture / Fixtures value:

$236,000 (included in the asking price)

Inventory / Stock value:

$125,000 (included in the asking price)