Growing Hi-Income Storm Restoration in S Mpls Metr

Not Disclosed, MN
Scott County

Asking Price: Annual Revenue:
$2,295,000 $3,687,658

Services: Construction, Contractors

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RE: Growing Hi-Income Storm Restoration in S Mpls Metr Broker: Seller of Business
Owner Financing is Available!

Quick Facts

Asking Price: $2,295,000
Annual Revenue: $3,687,658
Net Profit: Not Disclosed
Cash Flow: $422,902
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 866350297
Broker Reference #: 17441-364705

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Business Overview:

This highly systemized construction business specializes in all exterior building issues including roof, siding, and windows Sales increased to $4,803,605 last year and is expected to exceed $5,000,000 this year. The list price includes Accounts Receivable (approximately $495,000 on the date of listing publication)

The sales team is responsible for most sales and each sales person oversees the production team for each project they sell. A large percentage of their business is funded by insurance companies with whom they have excellent relationships.

The staff consists of approximately 50 long-standing independent contractors with years of company experience and very low turn-over.

Seller is willing to rent the office building to the new owner and is willing to continue working as the technical window supervisor if new owner desires.

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Market Competition and Expansion:

Historically, this business as well as its competitors has had all the business they want with more demand than supply. This business does not have a strong on-line presence or advertising budget and there is still enough work to work round the clock 24/7 if desired. Potential Growth: Most business is achieved by the sales team going door to door. Expected additional sales would be proportionate to increases in sales team staff.

Reason for Selling:

Life change

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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