Highly Profitable (Fully Staffed) Home Improvement Business For Sale

Business Number: #01182101.1
Business Type:  Highly Profitable – Home Improvement Franchise Business (Two Franchise Brands in a 5 County territory)

This Business is BOOMING!!

Great growth opportunity to expand into custom storage solutions and high-end window coverings and finishes. In business in Northern Kentucky for over 15 years, with 3.5 sales personnel; 1 office administrator; 4 full-time installers and 2 part-time installers to meet the needs of your customers with quality products in the home improvement marketplace.

Years in Business: 15

Key Strengths or Product Focus:

  • Consistently profitable, high volume business with tremendous upside potential (1,500 new homes planned for the area annually over next 5 years)
  • Established reputation includes strong, trusting relationships with local builders, contractors and local municipalities
  • Well established list of repeat clientele
  • Financially stable
  • In-house training programs

Location/Facilities:

One location – Just minutes from major Interstate Highway.

2,400 Sq ft. Warehouse that includes 640 Sq. ft. office/showroom area

Real Estate is available for lease or purchase, but not included in the business sell price

Hours of Operation:

Monday-Friday 9:00am-6:00pm (nights & weekends as needed)

Sales/Revenues:

Fiscal Year End December 31, 2020 Sales of $1,548,000

Average Annual Sales past three (3) years $1,306,029

Fiscal Year End December 31, 2020 SDE of $398,000                             

Type of Projects:

High-End Interior Decor and Custom Storage Solutions

Industries Served:

Residential, commercial, Industrial, Municipal

Area Served:

Northern Kentucky (Boone, Kenton, Gallatin, Grant & Owen Counties)

Employees:

Fully Staffed: 3.4 sales personnel; 5 FT installers; 1 PT installer

Experience Necessary:

Management, Sales

Fixed Assets Value:

$185,525 (Included in sell price – RE not included in business sell price)

Inventory Value:

$22,000 (Included in sell price)

Upside Potential:

Poised for growth (Local Market has consistent growth and is on a tremendous uptick, adding 1,500 new homes per year over next 5 years)

Other Comments:

Two separate franchise brand names (3 territories) via One Franchisor

Seller Retiring (Sales & Office/Owners willing to work through agreed transition period)

Family owned and operated since inception in 2006.

Reputation for quality products and reliable ongoing service.

Note:

Summary of Financial Data available when signed non-disclosure agreement and financial source/statement is submitted to the broker agent.
*2021 Sales are up 64% through May 31, 2021, and Net Profit is up 332%

Selling Price:

$1,400,000

**IMPORTANT**

Seller working exclusively with MGL Business Solutions (Agent)

Contact Agent to avoid Franchisor Referral Fees in excess of $75,000

Mike@MGLBusinesssolutions.com, or via Cell:  (513) 200-0247

(Real Estate available for lease separate from business)

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