Asking Price: $700,000
Cash Flow: $315,696
Gross Revenue: $740,643
EBITDA: N/A
FF&E: $83,400
Inventory: $30,000
Established: 1991
Business Description
High profit margin company for sale
This is a locally owned and very profitable construction/home improvement company located in Colorado Springs. This company is one built on quality work, honesty and integrity. The company combines a strong work ethic with attention to detail. The experience of the owner and employees in this business offers customers superior service and quality craftmanship. Their excellent work can be seen in both residential and commercial applications throughout the Colorado Springs area.
Projects range from home remodeling to decks, kitchen and bath remodeling to major home improvement projects.. They also do work in commercial properties such as strip malls. Their niche is basement finishes. Their customer base is local and approximately 40% of their business is repeat business. This company has contracts that will keep this company busy through the remainder of the year. They also have a substantial contract on which work begins in the spring of 2021.
This company began operations from scratch in 1991 and has had the same owner since that time. Business immediately started to grow and the owner began hiring additional workers. The business has since grown to a very lucrative enterprise.
There are a total of eight employees and two management personnel.
Detailed Information
Location: El Paso County, CO
Inventory: Included in asking price
Employees: 10
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The owner’s office is located in his home but he does have a storage building and work facility behind his home. The owner will consider selling the real estate but would need to buy the home and additional facilities. The office, inventory, and equipment can be moved to another location.
Financing: Partial owner financing possible to a qualified purchaser
Support & Training: 30 Days free training and available for consultation afterward.
Reason for Selling: Retirement
Contact us today
719-636-2700 – office
719-358-3032 – cell
larry@abbrokers.us