MergerPlace

Contractor - Flooring, Cabinets & Garage

Missouri


  • Asking Price: $177,589
  • Gross Income: $447,862
  • Cash Flow: $62,483
  • Real Estate: Not Disclosed
  • Inventory: $5,174
  • FF&E: $34,000
  • Listing ID: #213287
  • Established: 2003
  • Employees: 1 FT

Business Description

This company is a custom contractor specializing in custom cabinetry and flooring for your garage, basement, man cave, etc. The company can also custom design/build storage, cabinets, flooring and car lifts. They offer a complete customization solution for your home.

This business is a known greater St. Louis area company with years of experience helping homeowners organize their garage and transforming their garage & other rooms into an attractive, well organized rooms.

The company is ripe for expansion in St. Louis and surrounding market, new homes with largely unfinished garages are being built all over affluent areas of town, the business also has repeat customers. As people get older and more wealthy, they upsize their homes.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Missouri

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT

Financial Information

Asking Price: $177,589
Gross Revenue: $447,862
Cash Flow: $62,483
FF&E: $34,000
Inventory: $5,174
Seller Financing Available: No

Property Information

Facilities:

The company currently leases a office space/showroom/warehouse 2,000 sq ft with single loading bay Greater St. Louis Area. There is 18 months left on lease, lease would be assumed by the buyer, when lease expires buyer would be able to relocate the business if desired.

Growth & expansion opportunities:

The Greater St. Louis Area is currently seeing a lot of new home construction in more affluent parts of town, many of these homes are being built with basic garages & basements, with no shelving, or storage options. Many homeowners want more out of a garage such as storage for lawn care equipment, sporting goods, custom cars, etc. In addition people sometimes convert their garages & basements into "Man Caves" a place to spend time with friends. As people get older and upsize their homes they come back to have new garage customized.

Competition:

There are a couple of other similar companies in town that operate in similar lines of business. This is a niche side of the business which has plenty of room for expansion in St. Louis Area.

Reason for selling:

Seller has owned/operated this business since for nearly 20 years and is looking to retire to spend more time with family and pursue other interests.

Support & Training:

Will train for 4 weeks @ $0 cost. An ideal buyer would be a person who has a strong background in carpentry/ home remodeling and is looking to acquire a company with growth potential and be their own boss. Experience working with and managing subcontractors is also a plus.

Contact Business Seller

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Business Listed By:

John O'Shaughnessy

Murphy Business Brokers