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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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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.