Listing ID: 1406
This business was established in Alberta by the current owner in 2014. The franchisor is located in B.C. There is a specified area provided for each operator. The sales are growing on a monthly bases and reached a 12 months sales figure of $ 864,146.00 in March of 2018. it appears the coming yearend will have sales over 1 M. The buyer should have some experience in the sales field related to Construction industry. The Buyer would want to sit down the Franchisor and establish a new agreement. The current agreement is coming up for renewal in the very near future. The Franchise fee is 5% with an additional 2% advertising fee. The Franchise is set for 5 years in the initial term with a cost of $45,000.00 to Renew the franchise the cost would be $ 5,000.00. There is good working relationship with the current owner and the Franchisor so there may be some ability to make some changes to the current franchise agreement. The present owner has good size premises with rental costs of some $ 38,000 per annum. This could be changed to having a vehicle (Truck) handle these sales which would reduce the operating costs of the operation. Currently there is an inventory of $ 200,000.00
In Business Since
Start-UP Capital Required
4 weeks training
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Buyer's networth must be greater than $400,000.00
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