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Custom Decks, Screened Porches and Outdoor Structures
NCListing DetailsOffice ID: DECK1
Status: Under Contract
Listing Broker: Jeff Snell, CM&AP, M&AMI, LCBI, ABI
Listing Price: $600,000
Gross Revenue: $1,658,685
Cash Flow: $223,424
12 Month Forecast: $1,700,000
FF&E: $27,710
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Seller will participate in a portion of financing if required by lender.
Home Based: Yes
Reason for Sale:
Partial retirement and relocation.
Training:
Seller will provide up to 80 hours of transition support within 90 days of sale at no additional cost.
OperationsYear Established: 1995
Form of Ownership: S Corp
Employees (full-time): 8
Employees (contractors): 1
Managers: 3
Business Hours: M-F 8-5
Summary
Business Description:
ENLIGN is proud to present this new construction related business for sale. This well established and highly regarded specialty construction business is exceptionally profitable and ready for a new owner. The business is known for its high quality work, prompt service, quality customer service and an industry unique warranty on all work performed. All work is custom integrating architecture, design, wood working, metal working, railings, stairs, etc. Customers love the way this businesses work compliments their homes and increases its value while providing new outdoor spaces to enjoy time with friends and family.
Historical Summary:
The business started as a landscaping business. Over the years the company limited its services to decks, screen porches and closely related projects. Average project costs run from $15,000 to $25,000.
Owner Qualifications:
Owner is not required to have a General Contractors license as projects do not exceed $30,000. Buyer should have general business, accounting, sales, marketing and HR familiarity.
Competition:
This business differentiates itself from the competition by focusing exclusively on decks and screen porches. The company does not provide any other construction services such as fences, roofing, painting, staining, etc. unless directly a part of a deck project. The business has high ratings online with industry and social media sites.
Potential Growth:
A website update would help in marketing and sales. Buyer should consider implementing phase billing which would maximize cash flow.
LocationType of Location: Home Based
Facilities:
This business is home based and does not require leased space. Note that office furniture is *not* being offered for sale.
Last Updated: Nov 26, 2018 / 3:21 PM
Financial Information Current as of: Apr 17, 2018 / 11:54 AM