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Specialty Home Improvement Company with Patented Product for sale in KY

Kentucky (KY)

Asking Price: Gross: Cash Flow:
$ 1,500,000 $ 1,316,951 $ 597,087

Furniture and Fixtures Value:
$ 200,000 (included in the asking price)

Inventory Value:
$ 10,000 (included in the asking price)

Business Summary:
Patented Product and National Distribution Potential. The company has been operating for over 18 years, manufacturing and installing a patented home improvement product for the residential housing market. By providing a maintenance free product for the homeowner the product ultimately prevents home damage that can be traced back to issues with the standard systems used on homes. The company operates in three major cities with both company owned operations and a licensed dealer. A tremendous opportunity for growth exists with the potential to expand nationally by creating a network of licensed dealers. The owner has recently invested into new tooling to improve manufacturing efficiency and has instituted other cost cutting measures to further improve on the their healthy margins.

 

   
Year Business was Established: 2003
   
Number of Employees: 8 FT  
   
Facilities / Terms of Lease: The company operates out of a 4,000 square foot facility in the city where they are headquartered. They also have a small location in another market where they run a company owned operation.  
   
Potential Growth/Expansion: This business has national scalability with many options to a new owner for that expansion. The present model is setup for the creation of a licensed dealer network. A new owner may choose company owned locations or a franchise model.  
   
Competition: There are nationally known competitors in this industry as well as do it yourself options. After this product was introduced to the current markets where they operate, many competitors left those markets. Revenues in this industry are estimated to be $6 Billion per year.  
   
Reason for selling: Owner has other business interests.  
   
Seller Reference Number: 1902-15848
BusinessMart.com Listing Number: 258697
 

 

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For more info contact:

Craig Sanford

Murphy Business & Financial Services
727-725-7090

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