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Fantastic Opportunity To Buy This Dream Doors Franchise In Chelmsford For Sale

Chelmsford, Essex, UK
Asking Price:
£90,000 Furniture / Fixtures included
Turnover:
£500K - £1M
Net Profit:
£50K - £100K

Dream Doors Chelmsford is now available to purchase. Its owners are coming up to five years since they started, which was always their planned time to move on. They have achieved their objectives and wish to spend more time with their family.

The business was originally launched almost 15 years ago and, when the founders retired and relocated north, it was snapped up by the current owners. It has delivered exactly what they wanted in terms of lifestyle, working together and remuneration - but it is now time for someone else to take the business on.

And what's appealing is that there is so much more opportunity out there.

Top Dream Doors showrooms turnover more than £1.5M annually, with a healthy 15-20% net profit. The Chelmsford area could achieve this, and more, if you have the desire and build the requisite team. The physical infrastructure is in place, and the business benefits from a talented full-time installer. But to take this business past £1M it might need another team member or two. Dream Doors will assist in this, providing training and support.

Dream Doors will, of course, train you in all aspects of the business, and the current owners will be there to assist during a handover period.

What will you need? In terms of liquid capital, somewhere around £40,000, and the rest can be borrowed from a bank (on an unsecured basis, subject to status). Run this business modestly, and you'll earn that back comfortably before the end of your first year. But, if you come into this with a growth mindset, you could get a return on investment in a few short months!

What else will you need? In terms of skills and attributes, you'll need to be comfortable dealing with people and managing projects, but you don't ned any kitchen industry experience. In fact, hardly any of Dream Doors' 100 franchisees have come from the kitchen sector!

This is a rare opportunity. There are no other businesses for sale in the Essex area, and this showroom is one of the best in the network. For more detailed information, simply contact Dream Doors today.

Property Information

Property:

Leasehold

Lease Terms:

A new lease would be arranged to run in parralel with the new franchise agreement.

Leasehold Rent:

£21,000 per annum

Location:

Dream Doors Chelmsford's showroom is opposite the police station and just a three-minute walk from the town centre. It opened almost 15 years ago, so is well-known in the area.

Premises Details:

The showroom is fully-fitted out with top-selling lines, including seven bays showcasing doors, drawers, various worksurfaces, sinks & taps, appliances and storage solutions.
There is secure parking on site, and more than enough storage at the back of the shop.

Business Operation

Expansion Potential:

As previously mentioned, there is huge scope to expand and emulate franchise owners who achieve over £1.5M in annual sales and enjoy net profits of £200k+.

Competition / Market:

Dream Doors is unique in that it is the only national kitchen makeover company with almost 100 locally-owned, franchised showrooms. It is also part of Neighbourly, the world's largest parent company of home services brands. This means Dream Doors franchisees benefit from world-leading infrastructure and support.

Reasons for selling:

From day one, it was always a five-year plan. The owners are now looking to spend more time as a family – but without working together!

Trading hours:

9am to 5pm Monday to Saturday; closed Sundays.

Employees:
1
Years established:
14

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

A new five-year franchise agreement is included in the price. Franchise Agreements are for five years, with no fees to renew for further five-year terms.

Other Information

Support & training:

Dream Doors has won several awards for the quality and effectiveness of its franchisee training and support. You'll start with an 18 day induction course, preparing you to start making sales, and then benefit from in-territory support to grow and manage your business.

Financing available:

Yes, through major banks and franchise lenders.

Furniture / Fixtures value:
£30,000 - included in the asking price
Website:
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