Very Profitable Home Exteriors Biz

Not Disclosed, NC


Asking Price: Annual Revenue:
$895,000 $1,715,512

Services: Construction, Contractors


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RE: Very Profitable Home Exteriors Biz Broker: Tony/Jarma Khoury
Owner Financing is Available!
Owner Financing Terms $268,500.00 Owner Financing Interest 7% Owner Financing Terms Months 120 Owner Financing Monthly Payment $3,117.51

Quick Facts

Asking Price: $895,000
Annual Revenue: $1,715,512
Net Profit: Not Disclosed
Cash Flow: $458,620
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 9
BBN Listing #: 950058201
Broker Reference #: 13485-302236

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Business Overview:

This 40+ year business is PERFECT for that owner/operator or a strategic buyer within the construction sector that would like to purchase an existing, premier, home exteriors business.

With a focus on home exteriors, the breakout of existing project revenue is as follows:
3-Season Sunrooms 15%
4-Season Sunrooms 40%
Screen Rooms 12%
Windows & Doors 20%
Decks 8%
Awnings 5%

The existing owner runs a well-oiled operation and is willing to stay on for up to a year in order to facilitate a smooth transition.
Originally started as a window and patio door manufacturer, the company has evolved to where all manufacturing is currently outsourced to reliable suppliers.

And since the southeast US has been an attractive location for new arrivals, this business has not experienced a downturn and continues to build a healthy backlog of work.

This type of remodeling seems to be somewhat recession-proof, as when the housing market is slow, home owners typically fix up what they have and when the economy is booming, home owners typically want to add/modify their new purchase.

Clients pay with cash or check, with very little haggling.
While there is some competition in the region, this owner has a very good referral network with both current and previous customers.
Conventional construction room additions, as they continue to get requests almost daily.

Multiple bay building with pull up doors and warehouse space.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

Relevant Links:

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