Business For Sale

Home & Garage/Storage Design & Installtion

Not Disclosed, IN

Asking Price: Annual Revenue:
$625,000 $985,250

Services: Construction, Contractors

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RE: Home & Garage/Storage Design & Installtion Broker: Tom Feick
Owner Financing is Available!
Lender pre-screened with $62,500 down.

Quick Facts

Asking Price: $625,000
Annual Revenue: $985,250
Net Profit: Not Disclosed
Cash Flow: $277,250
Total Debt: Not Disclosed
FF&E: $11,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 3
BBN Listing #: 29824955
Broker Reference #: 4003-14267

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Business Overview:

This high margin and highly profitable 11 year-old company has expanded over the last three-and-a-half years into providing custom designed home/garage organization and storage solutions in the Central Indiana area. This company now specializes in garage storage including an exclusive patented shelving system and home closet design as well as protective and stylish epoxy garage flooring. This company had a 14% increase in gross revenue in 2017 and is on pace for a 25% increase in annual gross revenue for 2018 with sales approaching $1M.

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Property Features and Assets:

Currently leasing 2,2000 square feet of W/H space. Assets= $23,000

Market Competition and Expansion:

The Company has unmatched standards in their competitive market, offering unprecedented service and quality. The patented garage system they offer is available only through approved exclusive dealers and the local competition does not have access to this product. Excellent service and their superior product offering is the driving factor to the Company’s successful growth and customer satisfaction. According to a study by a leading independent market research firm, demand for organized closets, garages and other home storage solutions has risen steadily over the last several years and sales for products and solutions in this market will continue to grow. Sales in this market are expected to reach $10.9 billion annually by the end of 2019. This company has been on the forefront of this growth curve with double digit growth in sales over the last three years.

Reason for Selling:

Owner moving out of state.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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