Established Franchised Home Repair & Maintenance Business in Richmond, BC
Neighborly
Financial Details
- Asking Price:
- $265,000
- Annual Revenue:
- $636,107
- Cash Flow / SDE:
- $111,000
- Profit Metric:
- Cash Flow (Seller's Discretionary Earnings)
- Valuation Multiple:
- 2.4x
- Location:
- Richmond, CA
- Source:
- Date:
- October 31, 2025
Key Highlights
Description
This is a highly reputable, established home repair and maintenance franchise located in Richmond, British Columbia, serving both residential and commercial sectors within an exclusive territory. The business benefits from strong national brand backing (Neighborly®), resulting in high customer loyalty (65% repeat business) and a near-perfect online reputation. Financially robust, it generates $636,107 in annual revenue with $111,000 in Seller's Discretionary Earnings. The operation is fully turnkey, supported by franchisor systems for dispatching and scheduling, and staffed by 9 experienced employees/contractors. $150,000 in FF&E is included, and seller financing up to $150,000 is available for qualified buyers. Significant growth potential exists by expanding service lines and leveraging cross-brand synergies.
Industry Information
- Industry Description:
- This is a franchised home repair and maintenance business offering general repair, maintenance, and improvement services to residential and commercial clients within an exclusive territory in Richmond, British Columbia. It is supported by a national service network.
- Classification:
- Building & Construction
Operational Snapshot
- Year Established:
- 2018
- Employees:
- 9
- Reason for Selling:
- Skillset Mismatch
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $1,300 CAD
- Lease Expiration:
- 2025
Assets & Inventory
- FF&E Value:
- $150,000 CAD
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Steve Schneider
- Company:
- Franchise USA, LLC
Listing Details
- Listing ID:
- 948436ca-c964-49f8-8c07-d380aca81f03
- Source Listing ID:
- 2435464
- Deal Status:
- For Sale
- Last Updated:
- October 31, 2025
- Currency:
- CAD