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25+ Year Home Improvement Co - $353,000 Cash Flow for sale in Cincinnati, OH

Cincinnati, Ohio (OH)

Asking Price: Gross: Cash Flow:
$ 585,000 $ 2,100,000 $ 353,000

Furniture and Fixtures Value:
$ 125,000 (included in the asking price)

Inventory Value:
$ 15,000 (included in the asking price)

Business Summary:
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 qualifiedCustom CRM softwareSelling season starts in MayState of the art quoting softwareOn schedule to be the best year everEffective marketing practices in placeGood combination of loyal employees and subsClean books and records all numbers are verifiablePrice includes over $125,000 of equipment and inventoryCurrently over $1,200,000 in sales booked, but not started

 

   
Year Business was Established: 1994
   
Number of Employees: 7  
   
Facilities / Terms of Lease: The company currently operates out of a very nice 3,000 square foot facility with a truck dock. It has ample storage for inventory and fabrication work.  
   
Potential Growth/Expansion: There are many add on services that can be offered to the past and current customer base along with adding crews, and salespeople.  
   
Competition: The company separates itself from the competition with its 4.93 rating on HomeAdvisor, its rich 25+ year history, large marketing campaigns, and reputation.  
   
Owner willing to finance: SBA loan is available  
   
Owner willing to train: Yes  
   
Reason for selling: Seller wishes to focus on his core business.  
   
Seller Reference Number: 62397
BusinessMart.com Listing Number: 283947
 

 

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For more info contact:

Dan Long

Cincinnati Business Brokers
513-315-3006

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