20+ Home Improvement Co. - $255,000 Cash Flow

Asking Price$619,000

Cash Flow

EBITDA$250,000

Gross Revenue$2,730,000

Inventory$2,000
Included in asking price
FF&E$260,000
Included in asking price
Long term employeesSave

20+ Home Improvement Co. - $255,000 Cash Flow


Asking Price$619,000

Cash Flow

EBITDA$250,000

Gross Revenue$2,730,000

Inventory$2,000
Included in asking price
FF&E$260,000
Included in asking price
Business Description
The retirement aged owner of this residential home improvement company has a very strong reputation in Greater Cincinnati’s neighborhoods. Their capabilities include remodeling kitchens, bathrooms, family rooms as well as outdoor spaces including room additions. Blessed with over 160 years of existing employee service and over 170 years of existing subcontractor service, a buyer will be able to transition quite nicely into operating this company. The price includes all inventory, equipment, and 9 vehicles valued at over $260,000.

The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Lots of repeat business
Much potential for growth
No accounts receivable issues
Real estate available to purchase
Virtually all word – of - mouth advertising
Clean books and records – all numbers are verifiable
About the Business
Years in Operation
30
Employees
10 Full-time
160 total years of employee service for this company
Facilities & Assets
The company operates out of an 1,800 square foot office. The warehouse is 1,500 square feet which is sufficient to handle their needs quite well.
Market Outlook / Competition
A lot of their business is from previous clients including multi - generational families. The balance of their sales comes from referrals. The company does no marketing.
Opportunities for Growth
There is always a pipeline of work that exists. The seller is confident that any buyer, no matter when the company sale would happen, will have plenty of work to keep the company and its employees busy for a good period of time.

Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
The owner is of retirement age and wishes to retire after a successful transitio
Transition Support
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Listing Info
ID
2493911
Listing Views
536

Listing ID: 2493911 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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