MergerPlace

Custom Home & Garage Organization

Indiana


  • Asking Price: $625,000
  • Gross Income: $985,250
  • Cash Flow: $277,250
  • Real Estate: Not Disclosed
  • Inventory: $12,000
  • FF&E: $11,000
  • Listing ID: #208712
  • Established: 2007
  • Employees: 3 FT

Business Description

This high margin and highly profitable 11 year-old company has expanded over the last three-and-a-half years into providing custom designed home/garage organization and storage solutions in the Central Indiana area. This company now specializes in garage storage including an exclusive patented shelving system and home closet design as well as protective and stylish epoxy garage flooring. This company had a 14% increase in gross revenue in 2017 and is on pace for a 25% increase in annual gross revenue for 2018 with sales approaching $1M.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Indiana

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $625,000
Gross Revenue: $985,250
Cash Flow: $277,250
FF&E: $11,000
Inventory: $12,000
Seller Financing Available: Yes

Property Information

Facilities:

Currently leasing 2,2000 square feet of W/H space.

Growth & expansion opportunities:

According to a study by a leading independent market research firm, demand for organized closets, garages and other home storage solutions has risen steadily over the last several years and sales for products and solutions in this market will continue to grow. Sales in this market are expected to reach $10.9 billion annually by the end of 2019. This company has been on the forefront of this growth curve with double digit growth in sales over the last three years.

Competition:

The Company has unmatched standards in their competitive market, offering unprecedented service and quality. The patented garage system they offer is available only through approved exclusive dealers and the local competition does not have access to this product. Excellent service and their superior product offering is the driving factor to the Company’s successful growth and customer satisfaction.

Reason for selling:

Owner moving out of state.

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Tom Feick

Murphy Business Brokers