Unique, Specialized Kitchen & Bath Resurfacing Franchise

Kitchen & Bath Tile Showroom.jpeg
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This is a very well-established Miracle Method franchise. It has not only a 40+ year track record of high-volume sales but also great potential for further growth. As part of a national franchise system a new owner will benefit from active corporate support, on-going training programs, and continuous daily flow of leads from the national website. Utilizing proprietary systems, the services offered, including countertop, vanity, bathtub, shower, and tile repair and refinishing, are unmatched with little to no market competition. From a technical perspective this franchise system utilizes the most up-to-date equipment, tools, products and processes to ensure it maintains its position as #1 in its industry. Entrepreneur's 44th Annual Franchise 500 list ranks Miracle Method #143/500 for 2023. This is up from 147 in 2022.

As a home remodeling type business, it is recession resistant. And this is a business that earns substantial profits but doesn’t require the owner to work nights or weekends! Plus, because the work is indoors, this is not a seasonal business. Profits can be earned year-round.

This San Francisco East Bay branch of the franchise has an unequaled established network of realtors, contractors, and property managers who provide ongoing work and referrals in any economic conditions. Ongoing training and tech seminars as well as an annual convention assure high morale and continued success. Work for yourself but not by yourself.

This is a turn-key opportunity that will allow a new owner to hit the ground running in a well-protected, highly profitable territory. The current owner is ready to retire and is seeking a motivated buyer with the desire to take this business to the next level and beyond. Join the #1 ranked surface refinishing company in a booming industry!

Financial Information

  • $495,000 Asking Price
  • $373,000 Cash Flow
  • $1,253,000 Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: San Francisco Bay Area
  • State: California

Financing Comments

  • Seller will consider some financing with a qualified buyer

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1980
  • Home Based: No
  • Franchise: Yes
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: No
  • Monthly Rent: $3,370
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $0
  • Building Size: 2633
  • FF&E Included?: Yes
  • FF&E Value: $38,000

Training/Support

  • The franchisor provides excellent training and ongoing support. Plus, the sellers will provide additional specific, localized training and introductions to help a new owner successfully transition into this business.

Facilities

  • 2,633 sq.ft. space within an office building in a light industrial area. Rent $2,875/month plus CAM $495.97 = total facility cost of $3,370.97 Current lease extends through December 2024. Reasonable landlord: Long-term lease extension or new lease highly probable.

Market Outlook/Competition

  • An energetic new owner will find exceptional opportunities for growth. The current owner has not aggressively pursued large institutional commercial customers. Increasing the number of in-person estimates should also procure more projects. This Company utilizes a proprietary method to repair and refinish kitchen and bathroom tiles, countertops, sinks, tubs and shower tub enclosures. Its installation system reduces the cost, time and mess characteristic of the work of competitors.
Business Listed by
image of Broker Profile
Phillip Holt
Sunbelt San Francisco #1
Listing ID
OAKLACA001-52539
License Number
1731143

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