SOLD!

Details

 

Asking Price:
$360,000
Annual Sales:
$990,000
SDE:
$242,000
Inventory: NA
FF&E: $20,000
Real Estate: Lease
Employees: 1FT &  4PT 
Location: Colorado Front Range
Reason For Sale: Retirement

 

Business Description

Business is priced for very quick sale.  Owner typically takes off Jan/Feb every year and would like to transfer business before this time so he can retire.  He will provide ongoing support on part-time basis if desired. 

22 year old business provides a simple product directly to homeowners throughout Colorado’s Front Range. Because of limited competition, the exact description of the business will be disclosed after a Non-Disclosure Agreement (NDA) is executed (contact Broker for this). Demand for the product is increasing as homeowners are looking for improvements both in aesthetics and safety. Company markets through local home improvement magazines and a custom website with great organic search results. The sales process takes less than an hour and the customers generally accept the order immediately. The average order is about $4,000. Installation typically takes the team one day. The installation does not rely on other contractors to complete their work prior, so this firm has control over the schedule. The company has customized sales literature and nice samples. Product is fabricated custom for every job so it can’t be found at local building material warehouses. The customer pays a deposit to place the order which covers the material cost. The installation occurs when material arrives from manufacturer, final payment is made upon completion. The Installers are well trained and are dependable. The Owner works full time in biz and performs sales and project management and is willing to stay a short while in sales role and will train the new owner in all facets of the business. The sales process is simple, well-tuned and can be easily trained to the Buyer or to a new Salesperson.  Company is fully staffed for the current volume and has one seasoned supervisor that should stay with the company long-term. 

This is an excellent family business that can be run from a home office anywhere in the Greater Denver area. Currently, a 3,000 square foot warehouse is used to store materials and tools. Customers do not visit the warehouse. The ideal buyer would be someone that is good with homeowners and enjoys sales and project management. This is a great business for someone that enjoys being out in the field.

There is growth potential beyond the current market area, but additional installers will be needed. The owner has kept the business small because he just didn’t want to manage more than a small team of people.  This would also make a great “bolt-on” business for an existing company that serves similar customers.

Represented by Bill Scott. Tell me more about this business.



Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.