71161-Exterior and Interior Remodeling Services

OH

71161-Exterior and Interior Remodeling Services

Asking Price:$350,000

Cash Flow:$91,000

Gross Revenue:$621,000

EBITDA:N/A

FF&E:$24,000

Inventory:$30,000

Established:1956

71161-Exterior and Interior Remodeling Services

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Business Description

Founded in 1956 in Central Ohio, this business specializes in interior and exterior, beauty enhancing and utility cost saving home remodeling services to residential homeowners. The company’s primary services are installation of high quality windows, doors, roofs, siding, kitchens and baths. Offering these services requires a knowledgeable and experienced team of skilled tradesmen. With minimal advertising efforts, the company has a proven track record, supported by loyal customers over the years. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. This listing offers a buyer low overhead and a strong team with a management role.

This business works primarily with individual home owners in the following markets, 40% of the Company’s revenue is derived from the sale and installation of custom windows and doors. Meanwhile 30% of revenue comes from the sale and installation of new roofs, 20% from the sale and installation of new exterior siding, and from the sale and installation of custom kitchens, baths, and outdoor decks. The Owner feels there is an opportunity to capture a greater share of this market because there is not a lot of companies offering these services in the area. A more aggressive owner might approach the commercial market and initiate marketing efforts for accelerated growth. The Company is a home based operation, and could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired.

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a home-based business. It can be located anywhere within the 100 mile service area and a commercial setting may be beneficial.
Competition:
20% repeat clientele.
Financing:
Negotiable up to: 20.00 %
Support & Training:
3 to 5 contractors on average, they will most likely be available after the sale. The owner would be available for transitioning up to one year.
Reason for Selling:
Approaching retirement.

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