41 Year-Old Residential Re-Modeling Company For Sale

Monroe, LA

Seller Financing Available

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Asking Price:$1,300,000
Gross Revenue:$1,631,492
FF&E:$13,000
Cash Flow:$448,000
Rent:$1,350/Month
Established Year:1983
BUSINESS DESCRIPTION

41 year old family operated business specializing in bathroom re-models, window replacement, patio covers, screen rooms, and vinyl siding. Company has decades of consistent earnings and repeat customers. The owners are ready to retire and turn the business over to a new owner that can continue the success they have had, and improve upon it. Ready made business for you to take over!


DETAILED INFORMATION
Location
Monroe, LA
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,500
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Owners have been leasing the building that their business is based in for 13 years. The company has equipment that will transfer with the sale.
Competition
The business is located in a growing market. Company has the following competitive strengths: Reputation for outstanding service and delivering on their word. Adaptive to new trends in the market. Low overhead allowing the business to generate good profit margins and a healthy rate of return.
Growth & Expansion
The business has many growth opportunities ... Current owners are nearing retirement and haven't been as ambitious as they once were to hustle new business. The company also represents an excellent opportunity as a bolt on acquisition for a company that offers complimentary services such as roofing, decking, fencing, gutters, etc.
Financing
Negotiable
Support & Training
Current owners are willing to support new ownership for a period of time until the business has been transitioned. Owners want to see the business continue to succeed.
Reason for Selling
Retiring
Franchise
This business is an established franchise
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John
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John Hill