Home Improvements Industry

Lancaster County, PA (Relocatable)

Seller Financing Available
Home Improvements Industry
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Asking Price: $450,000

Cash Flow: $163,000

Gross Revenue: $750,000

EBITDA: N/A

FF&E: N/A

Inventory: $1,000

Established: N/A

Home Improvements Industry

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Business Description

The current business owner is seeking to sell 100% of the business interest. This offering includes all hand tools, 2 vehicles, fixtures, furniture, raw materials, work-in-process, supplies, customer data, and all other assets, including trade name and phone numbers.

All existing equipment used in the business operations is included in the transaction. Current value of owned equipment (compressors, nail guns, ladders and jacks, planks, small tools and signs) are estimated at $5,000 and market value of vehicles and dump trailer are estimated at $22,000.

With a substantial down payment owner is willing to finance the balance.

Detailed Information

Location:
Lancaster County, PA
Inventory:
Included in asking price
Employees:
subcontractors
Competition:
• Recognized name with excellent reputation • Superior Customer Service • Well established company with close relationship to its customer base • Current sales with minimal marketing • Owner will introduce new buyer to current customer base • Well-trained, experienced sub-contractors with great product knowledge • Excellent records are maintained • Excellent estimating tools • Average job size is $5,000 to $15,000 and goes for 1 to 2 days up to a week • Owner does very little of the work himself • 75% of business is by referrals
Growth & Expansion:
• Add a sales person • Institute a proactive marketing campaign • Expand service area (current area is only 15 to 20 mile radius) • Accept larger jobs that have been turned down in the past • Hire project manager for larger jobs • Create and place website on effective client searching websites • Enable customers to order services online • Target construction industry, i.e. suppliers, contractors and architects • Target schools, government agencies and other institutional facilities • Offer maintenance contracts to existing customers • Automate estimating and bookkeeping processes
Financing:
With substantial downpayment owner will finance the balance.
Support & Training:
The business owners are willing to stay on for a period of time to advise the new owner on all aspects of the business.
Reason for Selling:
The current owners have family resposibilities to attend to.
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John Garner

Business Listed By:
John Garner

Center for Family-Owned Business

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