Growing Hi-Income Storm Restoration in S Mpls Metro


for more information, call 507-340-4219

17441-364705
LISTING DETAILS:

Price: $2,295,000
Gross Revenue: $3,687,658
Sellers Discretionary Earnings: $422,902
Location: Southern Twin Cities, Minnesota
Years Owned: 19
FF&E: $300,000
Financing: $545,000
Support & Training: 12 weeks
Reason for Selling: Entering Mission Field

BUSINESS DESCRIPTION

This highly systemized construction business specializes in all exterior building issues including roof, siding, and windows Sales increased to $4,803,605 last year and is expected to exceed $5,000,000 this year.  The list price includes Accounts Receivable (approximately $495,000 on the date of listing publication)
The sales team is responsible for most sales and each sales person oversees the production team for each project they sell. A large percentage of their business is funded by insurance companies with whom they have excellent relationships.
The staff consists of approximately 50 long-standing independent contractors with years of company experience and very low turn-over.
Seller is willing to rent the office building to the new owner and is willing to continue working as the technical window supervisor if new owner desires.

 

DETAILED INFORMATION

 

GROWTH POTENTIAL:

Most business is achieved by the sales team going door to door. Expected additional sales would be proportionate to increases in sales team staff.

 

Competitive Analysis:

Historically, this business as well as its competitors has had all the business they want with more demand than supply. This business does not have a strong on-line presence or advertising budget and there is still enough work to work round the clock 24/7 if desired.

 

 

Topics: Construction, Bldg Renovations

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