MergerPlace

Construction-Home Improvement

Minnesota


  • Asking Price: $650,000
  • Gross Income: $862,625
  • Cash Flow: $227,378
  • Real Estate: $200,000
  • Inventory: Not Disclosed
  • FF&E: $275,000
  • Listing ID: #202902
  • Established: 1985
  • Employees: 5 FT/1 PT

Business Description

Tired of crawling on roofs and ladders or are you looking for a strategic acquisition. This is a nationally franchised, consistently profitable and growing home-improvement business covering an 11 county region in Minnesota and Iowa. For over 30 years, this business has provided high-quality solutions in the installation of seamless siding, windows, gutters, roofing and general contracting. Many of the services provided are proprietary with exclusive products within an exclusive territory. Benefit from a secure income stream and the franchisor's national branding and market positioning. This business is Lender PREQUALIFIED - 10% DOWN.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Minnesota

Company Information

Year Established: 1985
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 5 FT/1 PT

Financial Information

Asking Price: $650,000
Gross Revenue: $862,625
Cash Flow: $227,378
FF&E: $275,000
Real Estate: $200,000
Seller Financing Available: Yes

Property Information

Facilities:

The property sits on 2.5 acres of land. The property is easily accessible by major highways. There are 4 buildings on the property. The main office and showroom is 80' x 40', and there are 3 storage/production/prep buildings measuring 80' x 40', 80' x 40' and 60' x 25'. There is additional space on the lot if needed by the new owner.

Growth & expansion opportunities:

Some the Protected territory is largely untapped and could be marketed and developed to a much higher degree.

Reason for selling:

Pursuing a new opportunity.

Support & Training:

Will train for 3 weeks @ no cost. Owner oversees the day-to-day operations. Duties include estimating, facilitating daily production, installation and construction crew, customer service, sales, shop and machine maintenance, inventory management, accounting, payroll and marketing. Owner was an independent and no longer wanted to be on the buildings and ladders installing product. Owner has a Qualifying Builders license with the state.

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Business Listed By:

Pat Steffl

Murphy Business Brokers