30 Year Remodeling Co - $270K Cash Flow
Cincinnati, OH Hamilton County
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- RE: 30 Year Remodeling Co - $270K Cash Flow
- Contact: Dan Long
Quick Facts
| Asking Price: | $749,000 | |
| Annual Revenue: | $3,015,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $270,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $260,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 10 | |
| BBN Listing #: | 1009003 | |
| Broker Reference #: | 2396 |
Business Overview:
The retirement aged owner of this premier luxury residential design – build firm has a very strong reputation in Greater Cincinnati’s most affluent neighborhoods. Blessed with over 160 years of existing employee service and over 170 years of existing subcontractor service, a buyer will be able to transition quite nicely into operating this company. The price includes all inventory, equipment, and 9 vehicles valued at over $260,000.
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. Other highlights include:
Long term clients
SBA loan qualified
70% repeat business
Much potential for growth
No accounts receivable issues
Real estate available to purchase
Virtually all word – of - mouth advertising
Clean books and records – all numbers are verifiable
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The company operates out of a beautifully decorated 1,800 square foot office. The warehouse is 1,500 square feet which is sufficient to handle their needs quite well.
Market Competition and Expansion:
There is a one – year project backlog with steady annual volume of around 30 projects. The owner currently turns down quite a bit of work that comes his way because of the backlog. A more aggressive and energetic buyer could hire more employees / subcontractors and pursue more projects just through the current flow of incoming calls that come into the office.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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