Listing Number: 3233-448942
Description
Investment Highlights:
• Through June 28th, revenues up 30% over same period a year ago, and on pace to exceed $1 million for the year.
• Through June 26th, jobs under contract total $189,000 with $82,000 cash collected.
• Steady 2024 interest rate outlook bodes well for the home remodeling industry.
• Strong reputation for responsiveness, quality workmanship and competitive pricing.
• Long-term relationships with top-selling, nationally recognized manufacturers of home exterior products demanded by today’s homeowners.
• Established network of reputable subcontractors helps ensure on-time and on budget project completion, with 25-year veteran general manager agreeing to stay on for a minimum period of 12 months or longer pending discussion to ensure smooth transition.
• Can be run out of a small offsite or home office, with minimal storage space needed for inventory as materials for most contracts delivered to site locations.
• Business has been SBA lender pre-approved for qualified buyers.
Owners willing to consider seller financing to qualified buyers for up to 20% of purchase price.
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Listing Details
- Price: $ 574,900
- Down Payment: $430,000
- Sellers Discretionary Earnings: $ 304,923
- Total Sales: $ 943,879
- Location: DuPage County, Illinois
- Inventory: $ 0
- FF&E: $ 39,000
- Employees: 2
- Year Established: 1972
- Reason for Selling: Retiring
- Category: Construction
