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The $390 million reason you should own Granite Transformations Canberra. The residential renovation market is booming, and the best way to cash in on this growing market is to own the one of Australia’s leading kitchen and bathroom franchises, Granite Transformations.
"The Housing Industry Association’s economic group is forecasting that $28.9 billion will be spent in this market across Australia for the 2014-15 financial year. The renovation market in the ACT for the same period is estimated at $390 million, which is a significant figure." Source: http://www.domain.com.au/news/renovations-add-billions-to-housing-industrys-contribution-to-economy-20140703-zsu9b/
That's right, believe it or not, Canberran's have an obsession with property and home improvement. When it comes to upgrading their homes, Canberran's love investing in renovations, and at the top of the home-improvement list is Kitchen and Bathrooms.
Granite Transformations Canberra is an awarding winning and highly profitable franchise business.
With sales consistently exceeding $2,000,000 and owners profit surpassing $400,000 in 2015 and $290,000+ in 2016.
The franchise fees are low, and the advantages of being aligned with the world's largest kitchen renovation business are significant.
Lead generation, the process of generating potential customers is made easy using the franchise system. One of the main reasons you should own Canberra Granite Transformation is that the business has such a high conversion rate of generated leads - a staggering 73%+.
With thousands of happy customers in Canberra and with a massive market (according to the last census, there were 145,000 private dwellings in Canberra in 2011) the business is poised for growth.
Now the obvious question! Why let go of a thriving and profitable business in this huge and expanding market? Well, they are not getting out of Granite Transformations network, and why would they? they are just changing postcodes. The sun, sand and allure of QLD have drawn them north, and the confidence of this franchise system has allowed them to relocate with confidence.
Rarely does such a systemised, successful and established business come onto the market. We would encourage buyers with an appreciation of high profits and those that are looking for a proven business formula to make contact with Frank Walmsley of Capital Commercial Business Sales.