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Garage Storage Design Franchise

Central Virginia

Offered at $225,000

 

ABBN Featured Business Listing

Year Established: 5 Years +
Contact: Richard Hayden, CBI

(804) 550-1500   R.Hayden@abbn.net

Initial Business Overview

Business Offering Description

Garage Storage Solutions Company Franchise for Sale, Central Virginia

 

Established in 2003, this Franchised business is the leading authority in designing and installing custom residential garage organization systems. Franchisee has sales and distribution for 30 counties and uses a patented system of garage panel wall storage, with a full range of proprietary lifestyle accessories for organizing with additional later date add-on sales. Fuel by national media awareness as a home improvement, it is estimated that garage organization and fix up systems represents a $450-million-a-year business. The average sale of a system is about $6,500 and is considered one of the most economical home renovation projects.  Well established and If starting new, the Franchise fee is $50,000 with an additional investment of $250,000 +.

Offering & Inclusions

Offered at: $225,000

SDE- Owners Cash Flow - With Pre-Qualification & NDA

Inclusions:

Fixtures Furniture, & Equipment: $10,000.00 +/- (Included in Listing Price). Inventory: $20,000.00 (Adjusted at Settlement).

Financial Overview:

2007 Sales $500,000 Past 12 Months!

Facilities & Operational Overview:

Rent $1250 month thru 12/31/2007 **Lease to be negotiated with new owner.

The current facilities are strategically located on the major traffic corridor with an excellent accessibility to all major interstate Central Virginia highways.  At approximately 2,100 square feet, the Offices and Warehouse have additional expansion capabilities and offer with parking.

Franchise Term:

Original Term 10 Years + optional 10 year

Reason for Selling:

Owner lives 2+ hours from office and can not relocate because of children.

 

Additional:

Transition Assistance available

 

 

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Richmond Office

 

Richard Hayden

Senior Partner

 

3741 Westerre Parkway

Richmond, Virginia

 

Mail: P.O. Box 95160
Richmond, VA 23058 

 

Ph. (804) 550-1500
R.Hayden@abbn.net