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Asking Price$495,000
Revenue$928,794 Established1974
Cash Flow$159,265 Employees6 full, 0 part
FF&E$175,000* FranchiseNo
Inventory$10,000* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Green Business!!! Currently the company receives several inbound calls each month for estimates. The Company works with Xcel Energy which provides rebates to pay for a portion of the cost to customers. The demand for the Company's services is increasing each year. Home improvement spending in the US is projected to grow from $180B this year to over $230B by 2020. This Company is a direct beneficiary of the broad based economic recovery. A buyer can acquire the business with only $85K down payment as the business has been prequalified for SBA financing. The seller is retiring after over 30 years in the business. He is willing to remain with the business after the transaction for a transition period with the buyer and will sign a non-compete agreement as part of the sale.
Sale Reason:Retirement
Ad #87924
Seller Reference #MINNEMN003-N1442
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612-455-0880
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