Tupelo Data Room
Electrical & Mechanical, Other Building & Construction
Active

Profitable, Turn-Key *****5-Star business*****94% Success Probability

South Bend, St Joseph County, Indiana, United States
listing image
Asking Price$500k
Revenue-
EBITDA-
Cash Flow$186k
Description
No other remodeling company in all of the Michiana area can boast 5 stars with 24 or more reviews. The results speak for themselves. So Why risk your name, your reputation or your money on considering anything less....? Soon to pass the critical 5 year franchise benchmark, this business has a 94% success probability. This Turn-Key offers the biggest bang for the buck with the lowest possible risk for a business buyer, investor, PE. Profitable with a postive growth trajectory positioned for the long-term. A premier kitchen and bathroom remodeling company serving the Michiana region, including South Bend, Mishawaka, Granger, Elkhart, and Osceola. Locally owned and operated. The company specializes in custom kitchen renovations, cabinet refacing, bathroom upgrades, and comprehensive design-to-installation services tailored to meet the unique needs and budgets of homeowners seeking to modernize or personalize their living spaces. As part of the nationally recognized franchise—boasting over 40 years of industry experience and 48 locations nationwide—the South Bend location benefits from a proven business model, robust vendor partnerships, and extensive marketing support. This affiliation allows the company to combine deep local market knowledge with the resources and credibility of a trusted national brand. the company has consistently ranked among the Top 10 sales leaders within the franchise network and was honored with the “New Franchise of the Year” award in 2021.The company’s strategic advantage lies in its consultative approach, high-quality craftsmanship, and commitment to delivering a “pleasant remodeling experience.” These values have helped build lasting relationships with clients and drive ongoing growth through referrals and repeat business.
Real Estate
Rent is $3,250 per month
Building Size: 9375 sq. ft.
Furniture Fixtures & Equipment
$72k
Inventory
$120k
Business is
Established Franchise
Number of EmployeesFull-Time: 3Part-Time: 1
Year Established
2021
Reason Selling
Owner has a life altering medical disease and is making proactive changes
Facilities & Assets
The business consists of approximately 9,375 square feet of interior space. The showroom, conference room, breakroom & offices consists of approximately 1,800 sq ft. with the warehouse consisting of the remaining 7,575 sq ft. Two loading docks are conveniently located behind the building. A bonus third commercial overhead door also leads directly into the warehouse with additional storage. Street-side the building boast 60 ft of frontage space. The monthly lease base is $3,250 (circa $0.35 per sq ft.) or an annual rent of $4.16 per sq ft.,
Support & Training
4 weeks of training at 20 hours/week post-close, included in purchase price. Additonally, owner would be interested in staying onboard, but in a less active roll. All staff will stay with company post-close.
Market & Competition
Residential Growth includes 346 new housing units downtown in 2024; 92 new homes in Lincoln Park Neighborhood by 2029; Madison Lifestyle District: $330M mixed-use project with 291 units 24 new businesses opening downtown in 2024. The University of Notre Dame expansions increase demand for modern upgrades and are investing in emerging tech and talent district in downtown SB. South Bend ranked #3 nationally for housing market and the Median home prices up 20.3% YoY to $193K
Growth Opportunities
Market Growth Forecast--Remodeling activity in the U.S. is forecasted to grow 5% in 2025 and 3% in 2026, reflecting sustained market expansion. Two-thirds of homeowners prefer renovating over relocating, influenced by high interest rates and limited housing inventory. Last, the remodeling market is projected to grow from $522.5 billion in 2025 to $812.8 billion by 2034, offering strong business prospects.
Financing Options
Seller financing is available.SBA approved Biz. Seller-carry on a case-by-base at their sole descretion
Asking Price$500k