Business Overview

This is an amazing company that has been providing the best – yet affordable –
remodeling to the Dallas-Ft. Worth Area for over 40 years.

He currently has jobs on the books for approximately $250,000 that will be
completed by the end of the year.

The Company has developed a special expertise by finding and hiring excellent
contractors. He does the selling and they get the jobs Done! This includes
Siding, Windows, Roofing, Gutters, Home Improvement, Doors, Painting,
Complete Interior work of all types, and MUCH, MUCH MORE!

The service they provide helps customers not only add value and beauty to their
homes, but also make them safer as well. They have a reputation that is known
throughout the area for supplying the best materials, labor, design, and more that
customers rely and can count on.

Here are just some of the things about their exterior work that sets them apart:
• Color plus 15 year paint warranty
• Beauty and character of wood without the continuous maintenance of wood
• Wind proof
• Fire proof
• Wood pecker proof
• Potential home insurance discounts
• Rot resistant
• Termite resistant
• Will not shrink or warp in our Texas climate

This is just a sampling of the special things that have helped them build relationships with the finest craftsmen available. They take pride and details in their work to make sure things are done right.

The Business has an extensive database of satisfied customers that brings them great referrals. They have SUPER RATINGS, including and A+ Better Business Bureau Ranking.

They currently have jobs on the books for approximately $130,000 that will be completed within the next 30 days.

This is an established business that anyone would be proud to own. It has longevity in the market, continual solid profits, and there is plenty of room for growth.

Financial

  • Asking Price: $249,000
  • Cash Flow: $72,661
  • Gross Revenue: $873,031
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1979

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Based (Home Based)

Is Support & Training Included:

The owner will provide 2-4 weeks of free on-site training, as well as up to 3 months of free phone consultation on an as needed basis.

Purpose For Selling:

Retiring

Pros and Cons:

There is competition in the Market, but this Business ranks #1 on Siding Lists, has a Strong Reputation and Longevity, as well as having a great standing in the community and the industry

Opportunities and Growth:

Unlimited by increasing marketing, and adding sales personnel

Home Based:

This Business Is Home Based

Additional Info

The business was founded in 1979, making the business 43 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell businesses. However, the real reason vs the one they say to you may be 2 absolutely different things. For instance, they may say "I have too many other responsibilities" or "I am retiring". For many sellers, these factors are valid. However, for some, these may just be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in incomes, or an array of other factors. This is why it is extremely vital that you not count absolutely on a seller's word, yet rather, use the vendor's answer combined with your total due diligence. This will repaint an extra reasonable image of the business's current scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies finance loans in order to cover items such as inventory, payroll, accounts payable, etc. Bear in mind that occasionally this can indicate that profit margins are too thin. Lots of businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that should be satisfied or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract brand-new clients? Most times, operating businesses have repeat clients, which develop the core of their daily revenues. Certain aspects such as new competition sprouting up around the location, roadway building, and staff turn over can affect repeat customers as well as negatively impact future incomes. One important point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business on a regular basis, the higher the possibility to construct a returning customer base. A final idea is the basic location demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? How might the neighborhood median house income effect future income potential?