CINCINNATI, Ohio
| Asking Price |
$619,000 |
Year Established |
1996 |
|
| Annual Revenue |
$2,730,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Dan Long |
|
| Annual Cash Flow |
$255,000 |
Listing Number |
1009003 |
|
| # of Employees |
10 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
The retirement aged owner of this residential home improvement company has a very strong reputation in Greater Cincinnati’s neighborhoods. Their capabilities include remodeling kitchens, bathrooms, family rooms as well as outdoor spaces including room additions. 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:
SBA loan qualified
Lots of 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
Property Features and Assets:
<p> </p><p> </p><p>The company operates out of an 1,800 square foot office. The warehouse is 1,500 square feet which is sufficient to handle their needs quite well.</p><p> </p>
Market Competition and Expansion:
<p> </p><p> </p><p>There is always a pipeline of work that exists. The seller is confident that any buyer, no matter when the company sale would happen, will have plenty of work to keep the company and its employees busy for a good period of time.</p><p> </p>
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