Price Reduced!!! Established & Profitable Remodeling Business

Fort Wayne, IN (Allen County)

Seller Financing Available
Price Reduced!!! Established & Profitable Remodeling Business

Asking Price:$129,000

Cash Flow:$110,000

Gross Revenue:$466,000

EBITDA:N/A

FF&E:$10,000

Inventory:$500*

Established:1984

*not included in asking price.

Price Reduced!!! Established & Profitable Remodeling Business

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Business Description

This business was established in 1984 by the current owner. It is profitable and well established in the local market. Business is known for quality work and always has work on the books. The current customer base is over 850. The current owner has unique marketing system that he uses to stay in touch with every customer in this database each month. There are many opportunities to take this business to the next level.

Detailed Information

Inventory:
Not included in asking price
Employees:
1 & Contractors
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1200 sq ft leased facilities that includes an office and storage area for supplies and tools.
Competition:
There is competition in the local market but this business is well established. Current owner has a proprietary method of keeping customers loyal to this business. Many customers do not even go to the competition for a bid.
Growth & Expansion:
New owner could grow business by expanding on social media site, updating current website, and SEO optimization. New owner could also sign up with Angie's list and other contractor websites. New owner could hire more subs and double the volume of the business.
Financing:
Seller will consider some financing for a qualified buyer.
Support & Training:
Owner will provide training and support for a smooth transition. PLEASE BE ADVISED: PRIOR TO THE RELEASE OF ANY CONFIDENTIAL INFORMATION, THE SELLER REQUIRES ALL BUYERS TO DISCLOSE THEIR FINANCIAL QUALIFICATIONS THROUGH COMPLETION OF A CONFIDENTIAL BUYER QUESTIONNAIRE ALONG WITH A NON-DISCLOSURE AGREEMENT. SELLER’S APPROVAL OF SAME IS REQUIRED BEFORE CONFIDENTIAL INFORMATION IS RELEASED. PLEASE CONTACT OUR OFFICE FOR THE FORMS AT 800-636-7046
Reason for Selling:
Retirement

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Ricky Kerns

Business Listed By:
Ricky Kerns

Midwest Business Brokers Inc.

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Sponsoring Broker:
Dan Replogle, CBI, CBC, CCIM, M&AMI

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