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Reputable Siding Exterior Renovation Business in Virginia Beach, VA

Virginia Beach, VA
listing image
Asking Price:$149,999
Gross Revenue:$1,100,000
Cash Flow:$323,500
Listing ID: 2307870Listing provided by BizBuySell
BUSINESS DESCRIPTION

Proven and Profitable Business with a Track Record of Success

This well-established siding business in Virginia Beach offers full-service siding and re-siding solutions, handling a wide range of products including vinyl, fiber cement, wood, and composite siding. Services include full and partial replacements, repairs, and upgrades, catering to both residential and commercial clients.

Key Highlights:

* Strong Reputation: Known for top-quality workmanship and exceptional customer service, with a loyal client base of homeowners and builders in the area.

* Proven Profitability: Steady profits and low overhead thanks to a subcontractor model that eliminates the need for a large payroll.

* Strategic Location: Positioned to serve multiple growing population centers, including Virginia Beach and surrounding areas.

* High-End Projects: Specializes in premium siding work, with significant growth potential in Virginia Beach and nearby affluent communities.

* Expansion Opportunities: Huge potential to increase revenue by capitalizing on recent growth in the commercial sector and the ongoing population expansion in the region.

This is a turnkey opportunity for an owner-operator or investor to step into a profitable business with a solid foundation and ample room to grow. Virginia Beach’s thriving housing market and strong demand for quality siding services make this an excellent investment.

DETAILED INFORMATION
Location
Virginia Beach, VA
Inventory
Not Included in asking price
Competition
The Virginia Beach market offers strong demand for siding services, driven by a growing population and steady home improvement needs. The business stands out from competitors by focusing solely on siding and related services, avoiding roofing work, which allows for specialization and differentiation. Additionally, the company benefits from a solid reputation, strong online visibility, and a well-established client base of homeowners and builders.
Growth & Expansion
Pros: The Virginia Beach area offers significant growth potential due to population growth and new housing developments. Expanding into the growing commercial sector can boost revenue, and the subcontractor model allows for quick scaling without high overhead. Cons: Growth may require more marketing or additional subcontractors to meet demand. Seasonal fluctuations can impact cash flow, and expanding into new areas may bring increased competition, requiring a strong focus on marketing efforts.
Support & Training
Comprehensive training will be provided to ensure a smooth transition for the new owner. This includes guidance on managing operations, estimating projects, and working with subcontractors. Ongoing support will also be available to help the new owner succeed.
Home-Based
This business is Home-Based
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Joanne Croy
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Joanne Croy
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