Listing Number: 3233-448942
Description
Investment Highlights:
• Through June 28th, revenues up 30% over same period a year ago, and on pace to exceed $1 million for the year.
• Through June 26th, jobs under contract total $189,000 with $82,000 cash collected.
• Steady 2024 interest rate outlook bodes well for the home remodeling industry.
• Strong reputation for responsiveness, quality workmanship and competitive pricing.
• Long-term relationships with top-selling, nationally recognized manufacturers of home exterior products demanded by today’s homeowners.
• Established network of reputable subcontractors helps ensure on-time and on budget project completion, with 25-year veteran general manager agreeing to stay on for a minimum period of 12 months or longer pending discussion to ensure smooth transition.
• Can be run out of a small offsite or home office, with minimal storage space needed for inventory as materials for most contracts delivered to site locations.
• Business has been SBA lender pre-approved for qualified buyers.
Owners willing to consider seller financing to qualified buyers for up to 20% of purchase price.
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Listing Details
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- Price: $ 574,900
- Down Payment: $430,000
- Sellers Discretionary Earnings: $ 304,923
- Total Sales: $ 943,879
- Location: DuPage County, Illinois
- Inventory: $ 0
- FF&E: $ 39,000
- Employees: 2
- Year Established: 1972
- Reason for Selling: Retiring
- Category: Construction
ABOUT ESCHBACH ENTERPRISES
Eschbach Enterprises is a comprehensive business advisory consulting firm with expertise in helping you achieve your strategic goals and objectives. The firm’s extensive experience includes business brokerage services for business buyers, sellers, and franchises, as well commercial real estate services, insurance services, business expense reduction, and many additional services which help business owners grow to their maximum potential, or prepare for a planned exit.
Steven Eschbach – President and Founder
Mr. Eschbach is founder and president of Eschbach Enterprises, Inc. (EE), a comprehensive business advisory firm focused on enhancing corporate value to take business owners to their next level of success.
Through the various subsidiaries under the EE umbrella as well as the established affiliations/strategic partnerships he has established in his 40-plus years as a senior financial executive leader, Mr. Eschbach has the direct experience and/or knows subject matter professionals that enables business owners to continue to thrive.
