New
Successful Window Treatment Franchise
The franchisor is an international custom window treatment franchise, in operation since 1992. Approximately 1500 locations are operating throughout the U.S., Canada, & Mexico. The franchisor is well-positioned with all major custom window treatment manufacturers and offers extensive support, training, marketing, and vast knowledge and expertise. The local offices are independently owned and operated and provide expert consultation, sales, and installation of custom window treatment products for residential and commercial applications.
This franchise location has been in the Richmond market for 20 years and is very successful. Repeat business, referral business, and sales leads from the franchisor have kept this business growing at a Compound Annual Growth Rate of 18% per year over the past 5 years. That growth rate is sustainable and represents great potential for a new owner. Sales are over $1M and SDE is over $200,000. This business will go quickly so inquire now.
Listed By: Michael Mitchell
Background information
Reference:
42421944-MM
Year established:
2002
Reason selling:
Other business interests
Finance
Sales:
$1,000,050
Profits:
$230,000
Profit type:
Discretionary Earnings
Operations
Employees:
2FT 1 PT
Equipment:
All equipment, spare parts, installation tools, are included.
Inventory:
Owner receives 75% of the total price when the product is ordered. Product is usually received within one week of ordering so there is no need to hold expensive inventory.
Premises
Facility:
Office space, showroom, and warehouse facility centrally located in West End of Henrico County.
Square footage:
1449
Rent and lease terms:
$1,972 per month Lease expiration 7/31/2028
Location:
Physical location of facility is a preference of the owner. All consultations are done in the buyer's home or office.
Opportunities
Market:
This franchise location has been in the Richmond market for 20 years and is very successful. Repeat business, referral business, and sales leads from the franchisor have kept this business growing at a Compound Annual Growth Rate of 18% per year over the past 5 years. That growth rate is sustainable and represents great potential for a new owner. Sales are over $1M and SDE is over $200,000. This business will go quickly so inquire now.
Price and terms
Price:
$499,950
Down payment:
$20,000
Financing:
A small amount of financing to help with SBA funding is available.
Training:
Extensive national and local support enables you as the new owner to be in business for yourself, but not by yourself. Once approved as a franchise owner, you will be enrolled in an extensive two-week training program where you will learn everything you need to know about operating a successful business.