Financial Information
Asking Price: $420,000
Annual Sales: $698,015
Seller's Discretionary Earnings: $163,136
Furniture, Fixtures & Equipment: $49,000
Inventory: $5,000 included
Additional Key Information
Location: Southeast Michigan
Reason for Selling:Owner looking to semi-retire.
Business Summary
This business for sale was established over fifteen years ago. It is a service oriented company that supplies emergency repair services and repeat construction services to major retail chain stores and big box companies in all of Southeast Michigan. This company for sale is also the preferred vendor for several of the largest property management companies in the region. In addition this company does extensive repair work for residential customers. The company replaces and repairs windows, glass and other hardware and also performs other B2B construction related services. In the past two years this services company has grown extensively due to an increased emphasis on new services like garage doors, scissor gates, roll-up gates and security glass. The property management companies that hire this company on an on-going basis are extremely satisfied with the current service offered and have expressed interest in this company expanding its range of services. A new, dynamic owner can successfully operate this B2B restoration and repair business in a hands-on or managerial capacity. This is the perfect time to purchase a company that is experiencing very healthy cash flow with multiple opportunities for growth. The current owner is willing to stay on as an employee of the company for an extended period of time to help ease the transition!
Contact our Michigan Business Brokers or Detroit Business Brokers to learn more about this restoration business for sale or check out our other service business for sale opportunities.