Situated in the metroplex of Greater Augusta in Georgia, this business provides home improvement services and remodels for consumer-homeowners, with an expansive product catalog across suppliers/manufacturers. Specialized in a streamlined design process, the company offers flexibility for optimizations, currently offering window installations, quality focused siding, garage renovation, sunroom additions, porch enclosures, kitchen & bath updates, and more! Found in excellent condition in a good location, the showroom-based warehouse totals 2,100 square feet, half of which was built-in with a kitchen and drop ceiling. With stronger sales efforts, the business has held a history of +$1Million in sales, thanks to years of an ongoing reputation and a strong command over the market. With current owners slowing down, Revenues for 2021 reached $635,635 alongside Discretionary Earnings of up to $74,746 and 2022 showed approximately $675,000 in sales with profit margins improved to nearly 20%. With a strong focus on homeowners, builders and the commercial industry are untapped and promises to be a significant expansion opportunity. Besides their website, advertising efforts depend mostly on verbal referrals from a large and recurring base, leaving room for potentials with social media engagement to maximize customer outreach. With a commission-based salesforce and longtime relations from repeat residential clients accounting for 30% of the annual income, opportunities for growth exist through distribution options & repairs. Priced to sell, contact IAG today for more information on this great add-on opportunity!
- Asking Price:
- $425,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $635,635
- Cash Flow:
- $74,746
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Inventory varies per project.
- Size in square feet:
- 2,100+/-
Business Operation
- Reasons for selling:
-
Approaching retirement and/or pursuing other interests.
- Trading hours:
-
Monday to Friday 8AM - 5PM & Other hours by appointment.
- Employees:
- Owner-Operated a with a Commission-Based Salesforce.
- Years established:
- 1967
Other Information
- Support & training:
-
Smooth & negotiable Owner Transition period.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Negotiable up to 20% for the right buyer.
- Furniture / Fixtures value:
- $50,000 - included in the asking price