CT Niche Home Improvement $300k Net

screwdrivers-1073515_1280
Asking Price:$499,000 Gross Income:$1,300,000 Cash Flow:$300,000
EBITDA:N/A FF&E:$40,000 Inventory:N/A
Real Estate:$600,000 Established:1989 Employees:6

Business Description

Perfect strategic acquisition for an existing player or ideal entry-level first time buy for the risk adverse as well. Leverage a $75,000.00 down payment to secure $300k in cash flow and allow the business to retire the debt! Pre-qual. letter in hand for this awesome opportunity, all we need is the purchase agreement! In business since 1989, this cranking operation in its glory days surpassed $2 million in gross revenue, and with a new hungry ownership team there's no reason why those #'s can't be hit again. Fantastic margins and Seller's discretionary earnings, with plenty of deal flow serviced this year, ongoing currently, and tons of business in the pipeline already for 'Q1 2017 and beyond. Entire crew, infrastructure, branded trade name, all fixtures furniture equipment included. Real estate with home plus building where the business is located can be purchased on top at fair market value $600k additional if you want the entire smorgasbord. NDA is required to review financial due diligence package on file with the Broker.

Additional Features

Real Estate: Owned
Not included in asking price

Building Sq. Ft.: 13,500

Employees: 6

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Home based business, subject property and improvements with land for sale including separate building that is the office, or can be relocated elsewhere at the discretion of the Buyer. Choose your own adventure. (Home Based)

Competition: Home improvement construction competition runs the gamut from full scale operations such as the Sellers all the way down to the trunk slammer that can be found trolling Home Depot. This is an established brand, with excellent referral partners, tons of good will, and a phenomenal crew included. Full turnkey business opportunity.

Growth & Expansion: Run rate with existing equipment and infrastructure could be $5MM or more. Just need the business development and sales to drive it. It’s like a locomotive stuck at the station right now.

Financing: SBA Pre-Qualified for $75k Down, Seller Carries if Required.

Support & Training: Long term transition and support available. Pride of ownership by the Sellers.

Reason for Selling: Other business interests.

Home-Based: This business is Home-Based

 

Ace Business Brokers NDA & Buyer Profile

 

NDA’s are always required to secure due diligence packages for our engagements. Please reference 508 CT-Home Improvement when typing your name on our form please! Thank you!!

Please take a moment to CLICK HERE, to fill out our online confidentiality agreement. Once we receive your NDA we will follow up and provide the due diligence package on the opportunity you are interested in.

Listing Inquiry