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High Earning Dream Doors Franchise In North Devon For Sale

Barnstaple, Devon, UK
Asking Price:
£50K - £100K Furniture / Fixtures and Inventory / Stock included
Turnover:
£500K - £1M
Net Profit:
£50K - £100K

New to the market, Dream Doors now has a high-earning franchise resale available to purchase in North Devon.

Established five years ago, the owners have built a very successful and renowned local business. Last year they achieved an annual turnover just £999,000 (so close to £1 million)!

Having moved to the area from the Midlands, the business has enabled them to settle in North Devon and build a local network. They are now in the position to be able to pass the baton onto new owners, and explore other opportunities outside of the kitchen industry.

With a stunning showroom in Barnstaple, Dream Doors North Devon trades in a beautiful part of the country. And, like the existing owners, it might suit someone relocating to the west country. Equally, it would be perfect for someone living locally who is looking for a profitable business in the lucrative home improvement sector.

Dream Doors is suited to individuals who enjoy sales and management, and certainly doesn't require any previous experience in kitchens. Nor would you need to be an experienced business owner, or a born salesperson.

With a talented team in place who cover the showroom, administration, van driving and installations, this is a turnkey, management operation. What this isn't, though, is a hands-off business that would suit an investor. Any potential buyer would need to be actively involved in the business in a full-time capacity, dealing with the vital customer-facing aspects.

Full training will be provided by Dream Doors itself, which is a 90-strong network of franchised showrooms - and also part of Neighbourly, the world's largest parent company of home service brands. Neighbourly has 2,000+ corporate employees supporting over 5,500 franchise locations in 6 different countries and, with more than 30 home service brands, serves 12 million+ customers worldwide!

So, if you decide this Dream Doors franchise is the right fit for you, you'll be part of something huge - and will benefit from all of the associated support and infrastructure. But Dream Doors North Devon would be your own local business, and you will be the driving force behind its continued success.

This is an incredibly rare opportunity to purchase a very profitable Dream Doors franchise with a strong trading history. Naturally it will command a lot of interest, so if you'd like to find out more, please contact Dream Doors today.

Property Information

Property:

Leasehold

Lease Terms:

A new lease would be agreed to run in parallel with the franchise agreement.

Leasehold Rent:

£20,000 per annum

Location:

Dream Doors North Devon's showroom is situated in Barnstaple in a prominent and easily-accessed location.

Premises Details:

The premises are fully fitted out with displays showcasing the best of Dream Doors products. These include best-selling door styles, as well as various work surfaces, sinks, taps, storage solutions and top-brand appliances.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

While the owners have scaled the business very well over the last five years, there is plenty of opportunity to grow and increase profits. Kitchen makeovers are always in demand, and Dream Doors’ top franchisees are achieving annual sales of over £1.5million, with net returns of £200,000.

Competition / Market:

Dream Doors has no like-for-like competitor. It is the only national kitchen makeover retailer with almost 90 franchised showrooms. It is also part of Neighbourly, the world's largest parent company of home services brands.

Reasons for selling:

Would like to explore other business interests away from the industry.

Trading hours:

9am to 5pm Monday to Saturday; closed Sundays

Employees:
2
Years established:
5

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Five years - included in the price - and 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. You'll also spend time with the owners and work through a structure handover programme.

Financing available:

Yes, through banks and franchise lenders.

Furniture / Fixtures value:
£35,000 - included in the asking price
Website:
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