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High-Performing Dream Doors Franchise In Worcester For Sale

Worcester, Worcestershire, UK
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Turnover:
£1M - £5M
Net Profit:
£100K - £250K

This is the most successful Dream Doors showroom, with annual retail sales of £1.7M in both 2021 and 2022. 2023's trajectory is no different. So why is it now up for sale?

The owners are a couple, and the husband has recently turned 60. It was always their ambition to sell the business when they got to a position in which they could retire - and that time is now.

They have built a wonderful business with all of the foundations to take it past £2M in annual sales too.

The showroom is in a prominent area of Worcester and, with hundreds of satisfied customers singing their praises (the business scores 9.86/10 on Checkatrade), it generates a high number referrals and recommendations.

There is a talented team in place who cover the showroom, administration, van driving and installations. New owners could be a couple, who replicate what is already in place, or an individual who will need to bring in an additional pair of hands to support them.

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 100-strong network of franchised showrooms - and also part of Neighbourly, the world's largest parent company of home service brands. Neighbourly has 1,600+ corporate employees supporting over 5,000 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 Worcester would be your own local business, and so you'll need to live reasonably close to the area.

This is an incredibly rare opportunity to purchase the most profitable Dream Doors franchise trading today. 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:

The landlord is happy to arrange a new lease. This is typically 10 years with a break in year 5.

Leasehold Rent:

£12,000 per annum

Location:

The showroom is located in a prominent position, which is highly visible and well known. There is ample parking and plenty of passing trade.

Premises Details:

The premises are c1,400 sq.ft, of which half is showroom and the other half office and storage. There is free parking outside, rear access, storage and 2 x parking spaces. The owners also rent two additional storage units nearby.

Size in square feet:
1,400

Business Operation

Expansion Potential:

While this is the most successful Dream Doors franchise trading today, there is still plenty of scope to expand. The owners admit that if they had started 10 years previously, that would have run the business for even longer and continued to grow.

Competition / Market:

Dream Doors is unique in its overall offering. There is no other national kitchen makeover company with a network of locally-owned showrooms.

Reasons for selling:

Retirement.

Trading hours:

Monday to Saturday, 9am to 5pm. Closed Sundays.

Employees:
6
Years established:
11

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The franchise fee is included in any purchase price. This is for a five-year term. Renewals for further five-year terms are at no cost.

Other Information

Support & training:

New owners will benefit from Dream Doors' three week induction training, as well as ongoing support for the life of their franchise. No experience is needed; more than 90% of franchisees had never been involved in the kitchen industry before. Most have never run a business before either.

Financing available:

Yes, through banks and franchise lenders.

Furniture / Fixtures value:
£30,000 - included in the asking price
Inventory / Stock value:
£5,000 - included in the asking price