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

25+ Year Home Improvement Company - $353,000 Cash Flow - SOLD Location: Cincinnati
Listing Number: 62397

Financial Information

Asking Price: $585,000
Gross Revenues: $2,100,000
Cash Flow: $353,000
Real Estate: Leased property

Business Description

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