Deck Company

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Asking Price:
$375,000

Gross Revenue:
$637,490
Cash Flow:
$165,749
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A Deck Construction Company with well established track record in the metro Denver area. The sellers are willing to provide a long transition and period to assist the new owner(s) with proper training. The company is primarily residential construction but has a couple of commercial projects at this time. The total revenue for the two commercial projects is apx $ 250,000. The company is operated from home and has very little overhead. The labor is contract and only paid when there is work to perform. Cash Basis Revenue for past three years:
2018 = $ 586,759; 2017 = $ 739,047; and 2016 = $ 585,652.
Cash Basis Cash Flow to owner: 2018 = $ 134,976; 2017 = $ 189,557; and 2016 = $ 172,715

About the Business

Location:
Littleton, Colorado
Year Established:
1992
Facilities:
Home based business
Market Outlook/
Competition:
This is an industry with many competitors and the market opportunity is substantial.
Growth & Expansion:
Most homes in Colorado have decks to enjoy the beautiful weather and high number of sunny days. Decks will generally need to be replaced after 15 to 20 years if built with wood and there are many new construction materials to replace the old wood deck that will last much longer. This is a huge market for the well established deck company.
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About the Sale

Reason For Selling:
Founder passed and his son-in-law and daughter are partners and running biz
Training/Support:
As much as is necessary
Seller Financing:
Consider all offers

Listing Info

ID:
1628871
Ad Detail Views:
0

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Business Listed by

Thomas Lang

Thomas Lang CPA Broker
License# Ei40007834

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