Location
Contact Person
CHARLIE & VICKY BIRD
Phone
865-376-1454
Annual Revenue
$ 155,000
Price
$ 75,000
Cashflow
$ 25,700
Category
Service Business
Year Established
2004
Employees
2
Protected territory franchise established six years ago. The company has won "Best in County" for it's category three years running. The company markets and installs window treatments including blinds, shades, shutters, tinting and drapery to new residential construction contractors and home owners, renovations contractors and commercial businesses. The business is supported by national print, television and internet marketing. Local canvassing of builders, realtors and business owners builds local relationships and a good referral base. The company has a minimum 30% repeat business and referral rate and a first visit closing rate in excess of 80%. You can work from home or set up a small store front. This is an opportunity to buy an existing customer base with cash flow in place for the price of the territory alone. The existing owner will pay the franchise transfer fee.
Market Conditions & Competition
The market slowed considerably in 2008 through 2009 and affected the total revenue for the company. Sales have stabilized and are recovering. The owner expects sales to recover with the market to prior levels. This franchise competes with the the big box stores on price because of the buying power of the overall size of the franchisor, but offers superior service on installation and expertise. There is no other significant competition.
Financial Summary
N/A
Training & Support
The seller will provide transitional training as needed. The franchisor requires the new franchise owner to attend two weeks of training at corporate headquarters. The existing owner will pay for reasonable transportation and lodging expenses.
Reason for Selling
One of the owners moved out of the territory.