A well-established franchise of the only company in the US to offer liquid fluid hose replacement solutions is available in South Brunswick, New Jersey. This business specializes in hose replacement service and in counter sales for hoses. The parent company has more than 400 franchises in over 23 countries and has been an industry leader for over 30 years. This franchise has been in operation since 2005 as part of a two-store franchise, with the current owner now ready to sell this branch. A typical franchisee has sales capacity of up to $1,400,000 from one location.
For less than the price of purchasing a new franchise, you can own this established business which has been making gross sales of around $500k for the past 5 years. The current owner has been operating this company as a secondary business, in conjunction with a larger branch of the same franchise, so this South Brunswick locale has been largely untapped for independent clients. This means that there is tremendous growth potential for a new owner interested in focusing on this franchise location. Currently being run with just 2 full-time and 1 part-time employees, adding employees in field sales and technical staff and expanding the marketing and advertising campaigns would also yield rapid growth potential.
An internationally recognized “Franchise of the Year” corporation, there is on-going training, support, and access to the latest innovations in the industry, meaning that the national franchise is a solid partner in the business. There are hundreds of opportunities and applications for the range of products and services which this company provides, so the expansion of the business can occur in any number of directions under new ownership.
Currently located in a 2200 square foot leased facility in a commercial warehouse campus facility, this business is visited by about half of their clients currently, but it could be moved to a new location if desired. All equipment is owned by the business and is included in the price, along with 1 truck, making it easy to continue with operations after the sale. The owner is interested in continuing to be involved with the business in a part-time capacity, further enhancing the relationship between this location and a larger franchise which the current owner has in a nearby region. This is an unusual opportunity for a new, hands-on owner to join a well-established franchise of an internationally acclaimed company with tremendous growth potential due to very little competition in the US and none in this region.
This is an established business. This is neither a new franchise nor a start-up opportunity.
***Please look for an email with the subject "Morgan & Westfield –“Hydraulic & Industrial Hose Replacement ” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***