Remodeling Contractor with Over Half-Century’s Experience! (17877)

Seller Financing Available

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Asking Price:$425,000
Gross Revenue:$635,635
FF&E:$50,000
Cash Flow:$74,746
EBITDA:$74,746
Established Year:1967
BUSINESS DESCRIPTION

Situated along a greater US metroplex, this business provides home improvement services and remodels for consumer-homeowners, with an expansive product catalog across suppliers/manufacturers. Specialized in a streamlined design process, the company offers flexibility for optimizations, currently offering window installations, quality focused siding, garage renovation, sunroom additions, porch enclosures, kitchen & bath updates, and more! Found in excellent condition in a good location, the showroom-based warehouse totals 2,100 square feet, half of which was built-in with a kitchen and drop ceiling. With stronger sales efforts, the business has held a history of +$1Million in sales, thanks to years of an ongoing reputation and a strong command over the market. With current owners slowing down, Revenues for 2021 reached $635,635 alongside Discretionary Earnings of up to $74,746 and 2022 showed approximately $675,000 in sales with profit margins improved to nearly 20%. With a strong focus on homeowners, builders and the commercial industry are untapped and promises to be a significant expansion opportunity. Besides their website, advertising efforts depend mostly on verbal referrals from a large and recurring base, leaving room for potentials with social media engagement to maximize customer outreach. With a commission-based salesforce and longtime relations from repeat residential clients accounting for 30% of the annual income, opportunities for growth exist through distribution options & repairs. Priced to sell, contact IAG today for more information on this great add-on opportunity!
Please use the Contact Form on the right to request information and receive an NDA. We'll send information to you once it is signed.


DETAILED INFORMATION
Inventory
Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property measuring 2,100+/- square feet is Leased. Included inventory varies per project. Business is Owner-Operated a with a Commission-Based Salesforce.
Financing
Negotiable up to 20% for the right buyer.
Support & Training
Smooth & negotiable Owner Transition period.
Reason for Selling
Approaching retirement and/or pursuing other interests.
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Brian Stephens
IAG Merger
Brian Stephens