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Listing ID: 2959236

SBA Pre-Qualified Residential Specialty Remodeling Company For Sale

Central Oklahoma, Oklahoma, United States

$ 1,000,000

(Furniture / Fixtures included)

Revenue: $ 2,200,000

Cash Flow: $ 400,000

Business Description

This company offers homeowners solutions to upgrade and update their most valuable asset, their home! Average annual earnings over $400K on $2M in revenue, this company has an 18% profit margin which is almost twice what most re-modelers earn! Over the last five years the company has a compound average growth rate (CAGR) of 9.5% and currently has $400K of work in process (WIP) of which a new buyer would benefit greatly. 2018 sales are on pace to reach $2.5M with a net profit of $500K. There are many opportunities for continued growth and diversified income streams for a well capitalized buyer.

The owner works 25 hours per week because he has management in place that practically runs this company for him. He has seasoned employees on the payroll and a team of sales reps and installers that complete all work in a highly professional manner. Owner can train a new buyer how to run the business.

No License or Experience Necessary.

Please contact us for more details.

Property Details

Years Established:

Over 20 years in Business

Property Type:

Lease

FF&E:

$ 200,000

Real Estate Value:

$ 1,590,000

Other Details

Business Location:

Neighborhood Center with Showroom, Offices and Warehouse

Expansion Potential:

Many opportunities for increased sales and increased earnings.

Operation Details

Employees:

10

Trading Hours:

M-F 8-5

Support & Training:

30 days training

Miscellaneous

Financing Available:

Yes
SBA Pre-Qualified with or without Real-estate. If real estate is included only 10% down payment required and you can add $100K to your net earnings from lease payment. This means after debt service you would net over $500K on a $200K down payment! All this income is documented on the books and tax returns, not proforma or blue sky! Not for first time business buyers, must complete NDA and PFS for comprehensive marketing package.

Reason For Selling:

Retiring after a long and successful business career.

Contact this seller

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