Prime Franchise Resale: Thriving for Over a Decade in New York

ASKING PRICE: $89,000

Business Description

Fibrenew Manhattan Central background and description from the owner, Saul Shapiro:

Fibrenew Manhattan Central is different when compared to most other Fibrenew Franchises.

While many of our franchisees work in large geographical territories, requiring smart planning regarding travel time, Central Manhattan is condensed into a small area with many skyscrapers–that includes many apartments and businesses from which to find work.

Because of this, the current owner has run his entire operation using only his bicycle. This impressive and unique approach has gained the franchise a lot of publicity in various magazines and publications. Of course, running the franchise from a bicycle is not a requirement, but an advantage in that this territory has been put on the map for positive and memorable reasons.

Despite being in a high-cost area, the current owner has maintained low overhead costs without needing a vehicle or brick-and-mortar shop. This low overhead combined with the opportunity to command premium prices thanks to a high average income makes for incredible ongoing net earning potential in this territory.

The primary market served is high-end residential furniture restoration, with some commercial restaurant and office work as well. This leaves plenty of room to explore and penetrate different avenues of business.

The current owner is approaching retirement and is excited to pass the torch and see what the next proud Fibrenew Manhattan Central owner will do to further grow the business.

Listed at: $89,000

Visit Fibrenew Manhattan Central’s website: www.fibrenew.com/manhattan-central

Learn more about Fibrenew’s system: www.fibrenew.com/franchising

What makes this franchise unique: 
Fibrenew has a highly regarded reputation in our industry. With our large footprint across the country, our consistent product innovations throughout the years, to our gleaming reputation online, we are considered the leaders in our category. In fact, Entrepreneur Magazine ranked Fibrenew #1 in the leather, plastic, and vinyl restoration category and #185 for all franchises – which puts us in the top 15% of all franchises globally.

Fibrenew is a recession-resistant mobile service franchise with 300+ locations today. With a rich history that dates back to 1985, we manufacture a highly specialized proprietary product line and have pioneered the repair techniques and exclusive color-matching technology that our technicians use every day. Our products, techniques, and color-matching technology are what sets us apart and keeps us growing as an organization.