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Asking Price:	$350,000 USD USA Dollars
Business for Sale Industry:	Services: Construction, Contractors
Reason for Selling:	Retirement
Year Established:	1989
# of Employees:	7 Full Time, 1 Part Time
Yearly Revenues:	$338,652
Yearly Cash Flow:	$104,463
Yearly Gross Income:	$338,652

Business for Sale Overview:

In spite of the building slump, this owner has successfully operated for more than 35 years. By focusing on customer service and quality work at a fair price, 95% of current sales are referrals and repeat customers. Most clients are home owners, but past history shows many large commercial and industrial accounts. They currently focus on remodeling, construction, carpet, tile, roofing, cement and electrical work. The seller is an excellent salesman and is willing to teach you his successful techniques, introduce you to clients, help recruit, etc. for a reasonable time period. To be successful, the buyer should hold a builder’s license.

Property Features and Assets:

The business is located in a small, well maintained downtown building in Oakland County occupying 1,100 square feet of office and warehouse space. The owner is willing to sell the building or lease the space at $2,500 per month including CAM charges. However, there is another tenant with first right of refusal on the property. The assets include office furniture, miscellaneous office equipment, 2 vans, and various types of drills, ladders, sprayers, saws, scaffolds, etc. The amount of inventory varies by season but includes tape, rollers & trays, cords, shop lights, paint, etc.

Market Competition and Expansion:

Due to the seller’s desire to retire, he prefers not to employ multiple crews, keeping his work load manageable. Because little advertising was done this year, the owner agrees Val Pac, yellow pages and internet ads should be restarted. More attention can be focused on commercial accounts just by contacting previous customers and responding to bid opportunities. The business is in a good central location to service Wayne, Oakland, Macomb and Livingston counties. There are numerous competitors, but 35 years of service speaks for itself.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.