25+ Year Home Improvement Company - $353,000 Cash Flow - SOLD
Location: CincinnatiListing Number: 62397
Financial Information
Asking Price: $585,000Gross 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