Listing Number: 3233-448942
Description
Investment Highlights:
• With average annual revenues of $1.1 million and robust early 2024 bookings ($367K under contract at 4/25/2024), business is poised for growth with modest incremental marketing.
• At 4/25/2024, revenues up 25% versus same period in 2023 ($307K in ’24, $245K in ’23).
• Easing 2024 interest rate outlook bodes well for the home remodeling industry.
• Strong reputation for responsiveness, quality workmanship and competitive pricing.
• Long-term relationships with top-selling, nationally recognized manufacturers of home exterior products demanded by today’s homeowners.
• Established network of reputable subcontractors helps ensure on-time and on budget project completion.
• Business has been SBA lender pre-approved for qualified buyers.
Owners willing to consider seller financing to qualified buyers for up to 20% of purchase price.
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Listing Details
- Price: $ 599,900
- Down Payment: $540,000
- Sellers Discretionary Earnings: $ 342,137
- Total Sales: $ 1,109,112
- Location: DuPage County, Illinois
- Inventory: $ 0
- FF&E: $ 39,000
- Employees: 2
- Year Established: 1972
- Reason for Selling: Retiring
- Category: Construction
