
KY- Lexington Senior Relocation and Estate Sale Franchise
Highly profitable. Home based. 4 straight years of steep growth. No experience necessary. Priced for quick sale.
Ready to be your own boss while helping others?
Estate sales are an exciting and fast-growing industry. The 65-year-old and over population in the United States is currently over 65 million and projected to grow to over 85 million by the year 2050. As this population ages, the need to downsize, relocate, or settle the estate of a deceased family member will continually increase. If you’ve ever considered owning your own home-based business, this is the perfect opportunity. Owning a Caring Transitions Estate Sales franchise can be financially, emotionally, and professionally rewarding.
Caring Transitions of Greater Lexington is the premier, all-inclusive service provider for downsizing, relocating, decluttering, and estate liquidations in Central Kentucky, and has won multiple awards for excellence, unprecedented growth, and unparalleled service to the clients they serve. Step into this established, thriving business with the national reputation, proven methodologies, training, and support of the team at Caring Transitions corporate. To receive a Business Summary and review of financials, please use the contact form to the right or skip a step and click here for a buyer profile & NDA: https://www.franchisesellers.com/nda
Price: $225,000
Location: Fayette County, Kentucky
Industry: Care
Total Sales: $341,000
Cash Flow: $111,000
Furniture, Fixtures, Equipment (FFE): $13,000
Furniture, Fixtures, Equipment (FFE) Included: Yes
Inventory: $1,000
Inventory Included: Yes
Year Established: 2009
Employees: 9
Monthly Rent: $2,000
Square Footage: 3000
Facilities Information: Adjoined warehouse to landlord (and previous owner). Large bay door & man door, 14' ceilings, concrete floor and cinderblock walls. Gated parking lot, plenty of parking. Estate sale neighborhood- several other consignment stores on adjacent block. Central city location. Been at this location since 2009. Plenty of pallet racking and shelves to make receiving and handling inventory more streamlined. Exterior of building being renovated and expected completion is Spring 2023. New roof 3 years ago. New LED overhead lighting. Painted walkways throughout. Corner area carved out for office space and shipping station.
Reason For Sale: Pursue other interests
Training & Support: We have an extensive 4-6 week training program. Most of the training is online or over the phone at home but that last week is 1 week with us in Cincinnati, Ohio in a classroom setting. The Seller will also be available to help during the transition.
Owner Qualifications: Hiring, marketing, giving proposals, managing their teams, networking, working with their grassroots marketing partners, managing the jobs from start to finish, coming up with solutions to customer's needs, sales call, project management, working with vendors, payroll, invoicing.
Competition: There are a few local competitors; however, the majority of our online shoppers are regular shoppers that we see every week. Our clients are endeared to us through our amazing level of care and compassion. Families that use our services to clear homes of passed loved ones are indebted and beyond grateful for a company that did what they could not, many from across the country.
Potential Growth: Nearby territories are available, including highly desirable Louisville, KY region.
The demographic we primarily serve is on the brink of exploding ("silver tsunami") therefore the demand for services is going to increase exponentially and we are also currently showing a 74% increase in gross revenue.