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Executive Summary: This is a home improvement business that has an established track record of building outdoor living areas such as decks, patios, porches, fences, and stonework. With a solid foundation, this business has numerous opportunities to expand for the next owner. There are excellent relationships with sub-contractors and loyal customers who refer new business. In addition to the $307,890 in seller’s discretionary earnings, there is a lengthy backlog of upcoming work in 2022. The business operates during March-December, so it could easily be expanded by working more months of the year.
Competition / Market Outlook: While there are others in this industry, this business has a lengthy history of satisfied customers, quality service, and an outstanding reputation. While others have come and gone, this business has been stable.
Growth and Expansion: The current owner relies mainly on word-of-mouth for referrals. For a new owner, some simple marketing might lead to potential expansion opportunities. The seller will train the new owner and give them some insight into how to expand the business.
Reason For Sale: The current owner wishes to retire.
Training: The owner will provide training as needed.
Facilities: This is a home-based business. The business can easily be relocated to a different spot in the DMV area without much in the way of difficulty.
Financing: The owner will consider some financing for a well-qualified buyer.
Hours of Operation: Office hours, are Monday through Friday 8 AM to 6 PM. After hours available upon request.
Employees: 2 employees, and sub-contractors
Year Established: 2005
Sales Price: $750,000
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