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Home Improvement Contractor Business

Dayton, OH (Montgomery County) (Relocatable)

Home Improvement Contractor Business
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Asking Price: $350,000

Cash Flow: $194,658

Gross Revenue: $669,000

EBITDA: $87,115

FF&E: $65,000

Inventory: N/A

Rent: $2,500 /Month

Established: 1973

Home Improvement Contractor Business

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Business Description

Complete turnkey operation!!!

Full service contractor providing home improvement services to commercial, industrial, institutional and residential customers. Products and services include: patio covers and enclosures, siding, soffits and trim, shutters, roofing, gutters and downspouts, doors, leaf relief, carports and awnings. Extremely profitable, over $650k in revenues. Serves Miami Valley region including Dayton, OH since 1973. Recurring revenue rate averages five percent to ten percent annually. Sale price of $350,000 includes equipment, intangibles, furniture and fixtures, domain registration, website, subcontractor list, sales order pipeline, stock inventory, and transition assistance. Sale price also includes all showroom products, displays, and fixtures. (est. value $75k) This company competes on the basis of experience and customer satisfaction. Seller Discretionary Earnings (SDE) for 2018 are $194k. Company is a member in good standing with Better Business Bureau. Owner retiring!!

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Detailed Information

Location:
Dayton, OH
Real Estate:
Leased
Building SF:
2,650
Lease Expiration:
12/31/2019
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company rents 2,650 sq ft of office and warehouse space from the owner. The office space is prominantly located with full exposure to I 675 northbound. Rent is $2,500 per month with all utilities additional.
Competition:
The company enjoys outstanding relationships with many Dayton area suppliers and subcontractors. The company always pays its bills upon receipt, especially to those subcontractors who rely on steady cash flow. This helps the company to enjoy preferential scheduling and delivery dates. The company’s business philosophy has always been to follow the “Golden Rule”. The company competes on the basis of reputation and proven performance!
Growth & Expansion:
Industry Outlook Over the five years to 2023….industry revenue is expected to increase an annualized 1.9% to $109.1 billion. (Source: IBISWorld Industry Report – “Remodeling in the US” September 2018)
Support & Training:
The Seller will provide a reasonable transition period to Buyer. Seller will be paid a normal salary amount during the transition period. There are two key employees that are available to stay with the company following the sale.
Reason for Selling:
Owner retiring
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Business Listed By:
Robert J. Bowman, CPA, CMA

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