Multi-State Home Improvement Construction Company

Financial Information

  • Asking Price: $600,000
  • Gross Revenue: $1,621,513
  • Cash Flow: $266,404
  • Down Payment: $300,000
  • FF&E (Included): $120,000
  • Inventory: $120,000
  • Financing: Yes

Business Location

  • Wetzel
  • Wetzel County
  • West Virginia
Primary Business Category: Residential Remodelers

This business started many years ago installing aluminum siding. It has grown and expanded as a general contractor. Over the years it has remained profitable through ups and downs n the local economy, and at times has been extremely profitable. It specializes in installing Windows, Doors, Siding, Gutters, Roofing, Awnings, Railings and Columns. most of of its revenue comes from residential projects. It also maintains a well stocked retail paint and supply store. Company has clients in Maryland, West Virginia, Pennsylvania and Ohio. The real estate available for lease or purchase. Property has been valued at $500,000.


Competition Description

The owner is willing to remain with the business to assure a smooth transition and may also be available to assist the new owner with estimating, and bidding jobs. He is ready to sell the business, but isn't planning to go anywhere. there is management in place that has a great deal of knowledge and is expected to remain with the business.


Growth / Expansion overview

The sky is the limit for this company. The owner has done well to maintain a strong reputation but has not worked hard to promote or grow the company in recent years. Throughout the increased use of select contractors, he has discovered greater capacity to take on an expanded range of projects.


Support / Training Comments

The owner is willing to remain with the business to assure a smooth transition and may also be available to assist the new owner with estimating, and bidding jobs. He is ready to sell the business, but isn't planning to go anywhere. there is management in place that has a great deal of knowledge and is expected to remain with the business.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1961
  • Franchise: No
  • Year Acquired: 2002
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $500,000
  • Real Estate Asking: $500,000
  • Days Open: Mon-Fri
  • Hours Open: 8AM-5PM
  • Fulltime Employees: 7
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: ON REQUEST
  • Building Size: 14700 sq ft
  • Parking: Plenty of free street parking
  • Monthly Rent: $3,000

Contact Business Broker

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Business Listed by

Sunbelt West Virginia & Western Maryland

Contact: John Lichter
Office Phone: 304-276-1880
Mobile Phone: 304-276-1880
Listing ID: WESTOWV001-N70

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