Remodeling Contractor w/50+ Years History

Augusta, GA (Richmond County)
Asking Price: $425,000
Business For Sale Details
Listed on Jan 4, 2023

Situated in the metroplex of Greater Augusta in Georgia, this business provides home improvement services and remodels for consumer-homeowners, with an expansive product catalog across suppliers/manufacturers. Specialized in a streamlined design process, the company offers flexibility for optimizations, currently offering window installations, quality focused siding, garage renovation, sunroom additions, porch enclosures, kitchen & bath updates, and more! Found in excellent condition in a good location, the showroom-based warehouse totals 2,100 square feet, half of which was built-in with a kitchen and drop ceiling. With stronger sales efforts, the business has held a history of +$1Million in sales, thanks to years of an ongoing reputation and a strong command over the market. With current owners slowing down, Revenues for 2021 reached $635,635 alongside Discretionary Earnings of up to $74,746 and 2022 showed approximately $675,000 in sales with profit margins improved to nearly 20%. With a strong focus on homeowners, builders and the commercial industry are untapped and promises to be a significant expansion opportunity. Besides their website, advertising efforts depend mostly on verbal referrals from a large and recurring base, leaving room for potentials with social media engagement to maximize customer outreach. With a commission-based salesforce and longtime relations from repeat residential clients accounting for 30% of the annual income, opportunities for growth exist through distribution options & repairs. Priced to sell, contact IAG today for more information on this great add-on opportunity!
Listing includes Equipment of $50,000 and Inventory that varies per project.

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Financials (USD)

Asking Price $425,000

Cash Flow $74,746

Sales $635,635

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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