TYPE OF BUSINESS: Minneapolis based, Home Exterior Maintenance and Remodeling Company. This is a Full Service General Contracting business that focuses on Roofing, Siding, Soffit/Fascia, Gutters, Windows/Doors, Remodeling and Storm Damage. All craftsmen meet a high standard of performing quality work.
The Sellers have managed the company well and established a great reputation in their service area. This business has an A+ rating from Better Business Bureau and achieved and maintained a Superior Service Rating on Angie’s List.
There are two owners who run a very profitable, well systematized, turnkey business with very little fixed overhead expenses. One owner oversees the “outside” work in the field including managing the sales/project managers, crews (independent contractors), quality control and troubleshooting. The other owner oversees the “inside” work including office admin., proposal/contract approvals, sales meetings etc. Both work between 30 to 60 hours per week depending on the work load.
Hours of operation are 8:00a.m. – 5:00p.m. Monday – Friday.
FACILITY: This business operates in a leased space of 2,592 sq. ft. The business is not location dependent and can be relocated.
EMPLOYEES: This business has 2 owners with 2 full-time employees.
GROSS SALES/CASH FLOW: The gross sales for 2013 were $1,774,240; 2012 were $1,764,972 and 2011 were $1,788,915. Cash flow to an owner/operator based on 2013 sales was approximately $319,267. One owner can replace the two Sellers.
ASKING PRICE: The asking price for the business is $895,000. This includes inventory valued at $5,000 and equipment, furniture and fixtures with an estimated value of $60,000. Financing for the business is available to a qualified buyer. Sellers are very motivated. Sellers willing to look at all reasonable offers.
REASON FOR SALE: Other Interests.
Important Notice: The above information has been provided by the Seller. Neither The 20/20 Group, Inc. (dba Opportunities In Business) nor its agents guarantee its accuracy or comprehensiveness. 7840 bk