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Remodeling Contractor With Over Half-Century’s Experience! (17877) In Greater Augusta Area For Sale

Greater Augusta Area, Georgia, US
Asking Price:
$425,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$635,635
Cash Flow:
$74,746

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!

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