Summary
Small tile and grout maintenance business with a focus on leaking showers. One job per day in a mobile van. Ongoing enterprise with a good history proven profitability with excellent franchise support
Revenue
$500,000 pa
Rent
$0 pa
Expenses
$250,000 pa
Net Profit
$250,000 pa
Location Details
Port Macqurie and Coffs Harbour
Two territories currenty owned and run together. Can be sold seperately. Beautiful regional coastal town with potential for growth. Work is done at a different location each day within a franchise designated area. A mobile van doing one job per day
Potential
Tremendous potential for growth. the company is only operating at half its capacity. this business can be run casually to sustain the current profit, or with a small investment into marketing and management it can double the business it does. There are also plans in place for a shop front to increase income through materials sales. it currently runs with one van in each territory, but both territoritories have previously been run with two vans each, doubling the existing income.
Skills
Skilled labour position. Not a trade but it is a specialist product. Basic knowledge of tiling and tools is a requirement but a trade is not. It pays the operator of the van the same as a working tradesman. Basic business management skills are also required. Tax payments, quickbooks, quoting and invoicing are all crucial. Customer service is needed as most days have meetings with customers. Some sales skills are required for inspecting and quoting of prospective work. There are multiple rolls, for an office manager and a van operator.
Hours
Monday to friday. The vans do one job a day. the work takes between 6 to 9 hours a day, depending on the scope of work.
Lease
There is no lease, but there is a franchise agreement
Employees
Each area has one employee who does the onsite work. The franchise does provide excellent support so each area can be run by one person if needed. Currently there are 4 employees including the owners, 1 manager and 1 technician for each area.
Reason for Sale
This business is for sale for personal reasons. The owners children have left the area with their mother, the owners want to move out of state to be near the children.
About the Business
This is an excellent small business model. It's a mobile van that travels daily from site to site, mainly focussing on residential properties to repair broken, grubby grout in various areas. The daily work mainly consists of fixing leaking showers, but we also specialise in cheap bathroom renovations, balcony rpairs, tile cleaning and repairs, and colour sealing large areas. We can make an old tired bathroom look like new in one day by replacing worn and grubby grout and silicone with fresh grout and new silicone. We also use coloured epoxy and grout sealants which make a dramatic visual difference. The franchise support is exceptional and it also provides many of the materials we use daily at manufacturers prices. We offer a 12 year warranty on our materials and as such we are recommended by all of the local pest and building inspectors, plumbers, tilers and real estate agents. About 50% of our work comes through these recommendations alone. We have a good reputation in town and a highly visual impact with our wrapped vans acting as mobile billboards. We operated throughout COVID as an essential business. We have very little local competition and we satisfy a niche market. We offer a cheap, affordable way to fix a leaking shower or rejuvenate a bathroom at a tenth of the price of a tiler or renovator. its simple work at great profit that has a large potential for growth with a minimal investment into marketing and sales.
History
The current owners purchased the Port Macquarie territory 7 years ago. It was already operating as a local business while Port was a much smaller town. The growth in the last five years was exceptional as the business doubled its income every year for the first three years. The Coffs Harbour territory was inactive after the previous owner retired due to illness. The owners purchased the rights to the territory 3 years ago and have spent some resources getting the territory going again. It too has shown remarkable success in a short time.
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