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Garage & Storage Renovations w/Stable Incline! (17553)


Organic Growth! Situated in Central Texas, business specializes in quality residential garage flooring, storage, and improvement solutions such as inkling epoxy coatings, custom cabinets, and organization systems. Thanks to top online ratings via review-based providers, and an effective referral source system backed by a large and recurring customer base, this company enjoys a level of command over the market! Worksite is a prime building, measuring up to 3,750 square feet and conveniently-located in a central location; property holds a triennially renewed lease and is enclosed by parking lot spacing. Seven nonunion employees are most likely to remain post-sale and continue its current operations after a standard transitioning, with semi-absentee owner working less than 20 hours! As facility is found in great condition and pre-zoned to handle extra capacity, business reaches a 50 mile radius and allows buyer easy improvements through an increased focus within Austin City Limits. Almost doubling its sales from 2015’s $560K to projections of over $1 Million in 2022, a span of five years, Total Revenues for last year reached $981,486 alongside Discretionary Earnings of $164,418. Only keeping an active website and Google AdWords, there is closet space to engage in digital marketing as previous efforts included industry publications, trade show invites, and email programs. Across years of ongoing business and streamlining experience, fortified by long-term partnerships and client relationships, ideal flexibilities exist for optimizations sure to increase company’s growth!



Listed By: Ann Parsley

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Background information

Seller Number:

17553

Year established:

2013

Reason selling:

Other interests.

Finance

Sales:

$981,000

Profits:

$164,000

Profit type:

Discretionary Earnings

Operations

Employees:

7 full time nonunion.

Equipment:

Range of $95,000 - $131,000.

Inventory:

$35,000

Premises

Facility:

Listing includes Vehicle total valued at $89,741

Square footage:

3,750+/-

Rent and lease terms:

Leased.

Location:

Business can be run Owner-Absentee!

Opportunities

Market:

Website and Google AdWords.

Price and terms

Price:

$300,000

Financing:

Negotiable for the right buyer.

Owner Transition:

Semi-absentee owner will be available for transitioning.