Active
Remodeling Contractor with Over Half-Century’s Experience! (17877)
Situated in the metroplex of Greater Augusta in Georgia, this business provides home improvement services and remodels for consumer-homeowners, with an expansive product catalog across suppliers/manufacturers. Specialized in a streamlined design process, the company offers flexibility for optimizations, currently offering window installations, quality focused siding, garage renovation, sunroom additions, porch enclosures, kitchen & bath updates, and more! Found in excellent condition in a good location, the showroom-based warehouse totals 2,100 square feet, half of which was built-in with a kitchen and drop ceiling. With stronger sales efforts, the business has held a history of +$1Million in sales, thanks to years of an ongoing reputation and a strong command over the market. With current owners slowing down, Revenues for 2021 reached $635,635 alongside Discretionary Earnings of up to $74,746 and 2022 showed approximately $675,000 in sales with profit margins improved to nearly 20%. With a strong focus on homeowners, builders and the commercial industry are untapped and promises to be a significant expansion opportunity. Besides their website, advertising efforts depend mostly on verbal referrals from a large and recurring base, leaving room for potentials with social media engagement to maximize customer outreach. With a commission-based salesforce and longtime relations from repeat residential clients accounting for 30% of the annual income, opportunities for growth exist through distribution options & repairs. Priced to sell, contact IAG today for more information on this great add-on opportunity!
Listed By: Tatiana Del Pilar
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Picture | Status | Title | Price | Revenue | Profits |
---|---|---|---|---|---|
Active | Successful Contracting Business 38 years of Excellent Reviews (37853) | $1,299,000 | $1,838,552 | $367,000 |
Background information
Seller Number:
17877
Year established:
1967
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$635,635
Profits:
$74,746
Profit type:
Discretionary Earnings
Operations
Employees:
Owner-Operated a with a Commission-Based Salesforce.
Equipment:
$50,000
Inventory:
Varies per project.
Premises
Facility:
Leased.
Square footage:
2,100+/-
Opportunities
Market:
Website & Referral Sources.
Price and terms
Price:
$425,000
Financing:
Negotiable up to 20% for the right buyer.
Owner Transition:
Smooth & negotiable Owner Transition period.