Posted May 11, 2022 at 9:29 am by Jamie Myles

Excellent Opportunity | 4 Employees | 4 Operational Businesses Sold Together in Lethbridge, Canada

Home Based | Mobile | Restoration Resale

Own a busy service company that boasted moderate growth even during two of the toughest trials in recent history; a downturn in the local economy followed immediately by the global pandemic! Fibrenew Lethbridge is the crowning glory of Re-Coat Renovations Inc. Local businesses know Fibrenew as the “go to” professionals in the city for leather, vinyl and plastic restoration. Two repair service technicians and two industrial sewing machine operators are skillfully organized by a fulltime service coordinator, which means that as the owner you can focus on growing your business! All staff are fully cross-trained in the other service areas offered by Re-Coat Renovations Inc. This is important to note, because what is being offered for sale is the entire corporation with its three fully operational businesses (Fibrenew Lethbridge, Armour Bathtub Refinishing, Lethbridge Upholstery & Repair), and one start-up (Re-Coat Seamless Epoxy Countertops).

Owners are looking to retire. Time has come to pass this company along to someone who has the enthusiasm to build on the solid foundation already established. Supported by consistent, predictable sales and gross profit margins, a determined individual with good leadership skills is in a great position to succeed at this business. Current owners are committed to setting up new owners for success through a seamless transition and on-the-job training in the business operations.

Fibrenew has the best professional online presence and current material out of all our competitors. Fibrenew ranks #1 in the leather and vinyl category with Entrepreneur Magazine and #185 in overall franchise listing. Fibrenew is a stable company, operating since 1987 and growing at a steady rate worldwide that are independently owned and operated. This business has operated in Lethbridge, AB since 2014. List price for this turnkey business is $485,000.

Fibrenew is a recession resistant, mobile service franchise with 290+ locations that specializes in the repair, restoration, and renewal of leather, plastic, vinyl, fabric, and upholstery. 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 what has made us a leader in our industry.