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Listed by:

Cincinnati Business Brokers

25+ Year Home Improvement - $273,000 Cash Flow For Sale

Cincinnati, Ohio, US
Asking Price:
$795,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,360,000
Cash Flow:
$273,000

The retirement-aged owner of this independent “speciality home improvement”

Cincinnati company has over 10,000 product installations in the field. 98% of his material is produced and distributed to him by the leader in this industry. 60% of their business is from referrals and repeat customers.

His company serves all of Southwestern Ohio, Northern Kentucky, and Southeastern Indiana.

Much growth can be achieved with more internet advertising and pursuing more business from the building trade.

The business is offered as an asset purchase, free and clear of debt.

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Other highlights include:

SBA loan eligible
No accounts receivable issues
2 Box Trucks included in the sale
All equipment and inventory included
Long-time builder and architect relationships
Clean books and records – all numbers are verifiable
Over 45 years of employee experience in the company

Property Information

Real Estate:

Lease

Premises Details:

The business is not location sensitive - it can be located anywhere in Greater Cincinnati. The building they lease is a month – to - month type of lease. It is a small office with some warehouse space.

Business Operation

Expansion Potential:

Much growth can be achieved with more internet advertising and pursuing more business from the building trade.

Competition / Market:

There is not much legitimate competition in his specialty home improvement area.

Reasons for selling:

The seller is 71 years old and wishes to semi - retire after a complete and successful handoff to the buyer. The seller would consider working for the buyer.

Trading hours:

Monday thru Friday

Employees:
4
Years established:
25

Other Information

Support & training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Financing available:

SBA Loan Eligible

Furniture / Fixtures value:
$30,000 - included in the asking price
Inventory / Stock value:
$7,500 - included in the asking price