PRICE REDUCTION - Profitable N. Texas Concrete Franchise

Great Opportunity with huge territory!

This company, based in North Texas, specializes in decorative concrete solutions for both residential and commercial projects. The company provides a large variety of interior and exterior concrete options to fit the needs and budget of its clientele. The company’s products and services include stamped overlays, stained surfaces, polished concrete, sprayed overlays, vertical overlays, stamped concrete, and a variety of other concrete products and services for its customer base. The business was established in 2012 as one of the first territories for the franchisor and has been managed by the same owner since its inception. The business also benefits from having the second largest territory in the network, which provides for its ever-growing pool of customers. The franchisor currently manages over 100+ franchises throughout the U.S. and Canada.
Increasing population and urbanization of Tarrant and Denton counties continues to drive the decorative concrete market year-after-year. The company’s product offerings are desirable for home and business owners alike who are looking for low maintenance yet durable flooring options for their interior and exterior projects. Decorative overlays, polished concrete, and heavy traffic coatings are in very high demand from an industry that has continued to grow dramatically over the past 15 years.

The business is in an area of Texas experiencing extensive and sustained population growth, driving future sales and, with it, sustained profits. 2022 was a bit of a down year sales-wise as the owner was dealing with some health issues which required him to close for two months during the busy season. As such, 2022 sales at $322,000 were down from 2021, however projected sales for 2023 are expected to rebound to nearly $387,000 with SDE of $88,000. The business benefits from a long list of valuable vendor relationships through the franchisor which allows it to offer exceptional products and services at very competitive pricing. The business has always maintained positive profitability over its 12-year history. The Company reports average Seller Discretionary Earnings of $98,100 for 2021 and 2022.