|
Home Improvement Business For Sale
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $2300000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1992
Number of Employees 6 - 9
Inventory 5000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks full time, 40 hours additional included over 3 months.
Reason for Sale Needs more capital for marketing.
Description The company for sale is an established service business providing home improvement and home maintenance services to homeowners and homeowner associations, along with some commercial work. The company's services include painting, deck construction, sunrooms, screen porches, siding, roofing, windows doors, and remodeling. Over the last 19 years the company has built a reputation for high quality workmanship, professionalism and customer service. The business has no customer concentration risk, and has a wide range of services which diversify the revenue base. The company is not asset intensive, does not carry inventory, and has even developed a proven method of operation which does not require an office lease in cities it operates in. There is strong growth potential. Due to the design of systems for the business it can be run remotely with the reporting and tracking systems in place.
Business is in process of restructuring and a buyer who is able to act quickly can obtain the intangible assets and continue operations without disruption to brand image. This is a good opportunity for a good business with a solid brand image, but you must be able to evaluate, decide and close quickly.
A buyer could obtain the assets above for $25,000. This is far below traditional pricing for a business based on EBITA multiples and represents a great deal for the buyer who can capitalize on it. A suitable buyer should have the following minimum financial capacity to complete this deal continue operations profitably:
1. $40,000 cash ($25,000 for the asset purchase and $15,000 for operating capital)
2. Ability to obtain vendor credit for $10,000 at selected material vendors
3. Ability to obtain or finance at least five work vehicles (pickup trucks).
Email complete contact information including name, address, phone and email to receive non-disclosure agreement.
Click Here To Contact Seller
|
|
