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- RE: Siding Contractor – West Michigan
- Contact: Small Business Deal Advisors
Quick Facts
Asking Price: | $495,000 | |
Annual Revenue: | $888,205 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $213,916 | |
Total Debt: | Not Disclosed | |
FF&E: | 125,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1984 | |
Employees: | 7 | |
BBN Listing #: | 425945079 | |
Broker Reference #: | 802 |
Business Overview:
Established in 1984, this siding Company sells and installs exterior siding on new and existing homes, gutters, leaf covers, and replacement windows.Approximately 55% of the Company’s sales are generated through new construction opportunities, while 35% come from re-siding customers, and the final 10% of sales are generated through gutter and window replacement, as well as other service work.
With 38 years in the industry and an experienced team, this Company has thrived by word-of-mouth and supplier recommendations. Six full-time installers are led by strong leadership that has created a loyal customer base.
In 2022, the Company generated $888,000 in total revenue and an SDE of nearly $214,000.
After almost 40 years in business, the current owner is seeking to sell the Company in order to transition into retirement.
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Property Features and Assets:
Home-based.Market Competition and Expansion:
Investment Highlights Include: (1)Long-Term Customer Relationships (2)Excellent Reputation (3)Employee Satisfaction Growth Opportunities: (1)Develop Web Presence (2)Increase MarketingReason for Selling:
Ownership would like to pursue retirement.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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