MergerPlace

Healthy Home Technology Company

North Carolina (Wake)


  • Asking Price: $495,000
  • Gross Income: $600,000
  • Cash Flow: $152,400
  • Real Estate: Not Disclosed
  • Inventory: $13,000
  • FF&E: $20,000
  • Listing ID: #205668
  • Established: 2009
  • Employees: 2 FT/ 3 PT

Business Description

This franchise business was established in 2010. It is a product based sales and marketing business. Products offered are in high demand and need, essential for a healthy home environment. The Business also provides part and service for all products sold.
The Business has a showroom, located in Raleigh NC, where customers can see various models and learn about the products and services. There are two employees who work in the showroom, while five others (2 FT / 3 PT) work in the field, going to customers and potential customers’ homes making presentations and closing sales.
The Business pays an 8% royalty fee to the franchisor on parts and service only – not on products. The franchisee controls resale and gross profit.


Business Details

Primary Business Category: Services - Other Services
Location: North Carolina
County: Wake

Company Information

Year Established: 2009
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT/ 3 PT

Financial Information

Asking Price: $495,000
Gross Revenue: $600,000
Cash Flow: $152,400
FF&E: $20,000
Inventory: $13,000
Seller Financing Available: No

Property Information

Facilities:

Located in Raleigh, NC in an upscale shopping center (although business does not need retail location), this is an ideal perfect location for a small business of this nature. The showroom/shop space is leased and covers 1,452 square feet. ($1,400/month!) The furniture, fixtures and equipment value is around $20,000 and the inventory held in the shop is around $13,000.

Growth & expansion opportunities:

Great potential for growth. Only limited by the owner's ambition, motivation, and abilities to manage and motivate. - Add more sales people/appointment setter - Increase marketing (Social & traditional) & advertising - Open satellite locations in other parts of Triangle

Competition:

Industry is rather competitive. However, this business services a loyal and somewhat captive market segment.

Reason for selling:

The current owner of this Healthy Home Technology franchise is looking to relocate to start a family (near family). In fact, they are looking to purchase the same franchise wherever they decide to reside.

Support & Training:

Will train for 4 weeks @ no cost. The franchisor is a manufacturer and distributor of healthy home products in over 500 locations in North America. From state-of-the-art systems, the Company helps customers creates clean, safe, and healthy indoor environments for over 50 million businesses and homes in the U.S. and Canada.

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Business Listed By:

Don Emmett

Murphy Business Brokers