25+ Year Home Improvement Co - $353,000 Cash Flow

Cincinnati, OH
Hamilton County

Asking Price: Annual Revenue:
$585,000 $2,100,000

Services: Home Improvement, Repair, Painting

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RE: 25+ Year Home Improvement Co - $353,000 Cash Flow Broker: Dan Long

Quick Facts

Asking Price: $585,000
Annual Revenue: $2,100,000
Net Profit: Not Disclosed
Cash Flow: $353,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 7
BBN Listing #: 394616072
Broker Reference #: 62397

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Business Overview:

This is an outstanding independent home improvement company with a rich history of serving the Greater Cincinnati area for over 25 years. The company enjoys a 4.93 (out of 5) rating on HomeAdvisor. For the most part, the seller is absentee as he has a general manager that operates the business who wants to maintain employment after the sale. Having daily ownership will only enhance the growth and profitability of the business. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
Custom CRM software
Selling season starts in May
State of the art quoting software
On schedule to be the best year ever
Effective marketing practices in place
Good combination of loyal employees and subs
Clean books and records – all numbers are verifiable
Price includes over $125,000 of equipment and inventory
Currently over $1,200,000 in sales booked, but not started

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Property Features and Assets:

The company currently operates out of a very nice 3,000 square foot facility with a truck dock. It has ample storage for inventory and fabrication work.

Market Competition and Expansion:

The company separates itself from the competition with its 4.93 rating on HomeAdvisor, its rich 25+ year history, large marketing campaigns, and reputation.

Reason for Selling:

Focus on core business.

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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