Grout Doctor Franchise For Sale
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $35000
Net Profit / Cash Flow $15000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training 30 days.
Reason for Sale Moving.
Description East side Grout Doctor franchise for sale has had 8 years of constant advertising up to $12,000 annually to establish band name in the Cleveland Eastside area. New owner will train for 1 week in either Chicago or Arizona to learn the ins and outs of the business. Most work is cleaning, sealing and some regrouting as well as some tile repair/replacement. Customers are gained through advertising, word of mouth. Current owner has owned for 3 1/2 years. New franchise cost approximately $20-$30,000. Owner estimates net margins should be 30-40%+. Royalties are charged/paid monthly starting at 9%. Need a car/truck and some basic tools, most of which will be part of the sale. Initially, owner must do the work and add workers as the business is expanded. When current owner purchases business, the owner was doing $10,000 gross per month. Very good opportunity for ambitious individual. Seller may finance part of the purchase. Contact broker for further details.
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