Established Franchised Home Repair & Maintenance Business in Richmond, BC

Neighborly

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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

Strong established franchise system with proven processes and 4.8-star brand recognition.
Solid financial performance showing $111,000 SDE against $636k in annual revenue.
Turnkey operation with experienced staff, exclusive territory, and seller financing available.

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

Features & Tags

Franchise Opportunity This listing is explicitly mentioned as a franchise opportunity. Franchise
Quality Verified This listing meets our quality criteria and standards. Verified