45 Yr. Profitable Home Improvement Contractor

Business Overview:

This profitable home exterior remodeling contractor has been providing quality home improvements to clients for over 45 years. The business revenue is generated through the sale and installation of a wide variety of products. The Company installs siding, roofing, replacement windows, doors, railing, soffit/fascia, gutters, decks, and patio enclosures. The Company has 2 full-time sales estimators and another staff person who does pick-up sales. One full-time staff and one part-time office manager run the office. From the start, the Owner has primarily subcontracted to work crews. Some of these subcontractors have been working for The Company for 30 years. This business structure has enabled the Owner to maximize profit by minimizing overhead and employee benefit costs. In their online business reviews their work crews have been commended by clients for their knowledge and professionalism. The Company's excellent reputation and consistency of quality have led to tremendous long-term success.

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Property Features and Assets:

The Company is situated in a highly visible, main street location. The showroom, small warehouse and office are 3,068 square feet were newly remodeled in 2014. The site also includes a 2 car garage for storage. The exterior design of the facility is a beautiful example to clients of the services they offer. An attractive stone and siding exterior are complemented by a wall of floor-to-ceiling windows, highlighting some of The Company's finished products. The spacious parking lot provides ample spots for numerous clients at one time, and the convenient drive-thru lot lends itself to easy delivery of supplies. The Company's bustling suburban location in a rapidly growing housing market helps them acquire new business. Assets = $115,802.

Market Competition and Expansion:

The Company's experienced estimators and skilled craftsmen set them apart from their competition in the home improvement industry. Their market reach has expanded over the years as satisfied clients have provided them with countless referrals. Many of their clients are repeat customers. They offer easy financing options with a convenient application process via their website. If the new Owner hires employees and/or subcontractors, they could easily add more clients and expand The Company to significantly increase their revenue. The Owner has been asked to perform updates on bathrooms, kitchens or basements in need of remodeling, but he has chosen to not take on the work. There is also a great demand for maintenance services, which could be added as a business service. Lastly, by establishing an Instagram following, The Company may reach a larger pool of young clients who utilize this type of social media.

Reason for Selling:

Retirement.

Additional Details:

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