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Listing Number: 223-21918
Category: Construction
Asking Price | $59,999 |
Down Payment | $59,999 |
Gross Revenue | $212,000 |
Total Adjusted Net Income | $84,000 |
Equipment / Fixtures | $35,000 |
Year Established | 2019 |
General Location | Brooksville, KY |
This nearly half decade old company has many long-term, loyal residential customers. Revenue is derived from interior remodeling which accounts for 50% of gross sales, Vinyl siding, drywall, doors, and windows accounts for 25% of sales and small maintenance/repair accounts for the remaining 25% of revenue. Sales have remained steady for the previous 3 years because the current owner is unable to accommodate demand and must turn away customers. Jobs must be booked by customers 2-3 months in advance due to the astounding customer demand. Revenue can be instantly increased by increasing the number of labor hours available. Repeat customers regularly wait out the 2-3 month backlog and are willing to pay a premium because of the company's reputation for providing the highest quality work possible. Further, customer demand is created organically with no money spent on advertising, all work comes from repeat customers, referrals or word of mouth. Included in the sale along with the loyal customer base is a branded enclosed trailer, various small tools and equipment, and miscellaneous emergency repair inventory items. Seller will provide 105 hours of training and orderly turnover, during the three weeks after the close of escrow. The seller will consider seller financing for a well-qualified buyer. If you are interested in learning more or would like a complete presentation including a valuation, please contact Zachery Ailing at 716-946-9224 or zack.ailing@fcbb.com.
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
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