* Included in Asking Price
Solid reputation, experienced subcontracting crews, and high ratings on social media. This restoration business specializes in roof, siding, window and gutter replacement projects with 7 years of experience. With one siding crew, one gutter crew, one crew leader an in house insurance claims specialist, and two commission sales people, this business is set to grow. Five trucks with custom brand lettering transport the crews, equipment, and inventory to the jobsite. Having built a solid word of mouth reputation since their opening in 2009, this business also has a top tier website and solid statistics on social media sites that bolster their A+ rating with the Better Business Bureau. A buyer with a down payment of $41,850 is expected to make $122,168 or 291% Return on investment after all debts and expenses are paid in the first year.
Reason for Selling: Other Business Ventures
Personnel: 7 Subcontractors
History: Opened in 2009
Lease: 1,800 per Month
Support to Buyer: Up to 120 days, negotiable
Additional Information: Financial Overview List Price: $279,000 Gross Sales 2015: $740,667 Owner Profit/Cash Flow 2015: $164,196 Profit Margin: 22% Multiple: 2 *Multiples range from 1-5, with the average being 3 Valuation: Cash Flow x Multiple = Price $164,196 x 2 = $328,392 Assets Included in Purchase: $427,083 Equipment: $6,000 gutter machine and brake Vehicles: $41,083 (5 trucks) Intangible Assets: Name Branding, Website, BBB A+ Rating. Popularity in Social Media A/R: $380,000 *amounts may vary Business Information Reason for Selling: Owner lives out-of-state Year Established: 2009 Location and Service Area: Omaha, Central Nebraska, Western Nebraska, Denver Metro, Fort Collins Metro, Colorado Springs Metro Area Lease: $1800 Per Month Subcontractors: 2 gutter crews, 1 siding crew, 1 crew leader, 1 sales person in each state, 1 insurance claims specialist Seller Training Period: Up to 120 days, negotiable Growth Opportunities: Ancillary Services Current Owner’s Responsibilities: Sales Funding Example Purchase Price: $323,000 15% Buyer Down Payment: $48,450 10% Seller Financing: $32,300 75% Bank Loan: $242,250
|Growth Potential:||Hire more commission sales people|
|Training/Support:||Up to 120 Days, negotiable|
|Seller Financing:||10% Seller Financing|
|Sale Reason:||Other business ventures|
Seller Reference #CON020
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