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Specialty Home Improvement Company With Patented Product For Sale

Kentucky, US
Asking Price:
$1,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,316,951 (USD)
Cash Flow:
$597,087 (USD)

Patented Product and National Distribution Potential. The company has been operating for over 18 years, manufacturing and installing a patented home improvement product for the residential housing market. By providing a maintenance free product for the homeowner the product ultimately prevents home damage that can be traced back to issues with the standard systems used on homes. The company operates in three major cities with both company owned operations and a licensed dealer. A tremendous opportunity for growth exists with the potential to expand nationally by creating a network of licensed dealers. The owner has recently invested into new tooling to improve manufacturing efficiency and has instituted other cost cutting measures to further improve on the their healthy margins.

Property Information

Real Estate:

Lease

Premises Details:

The company operates out of a 4,000 square foot facility in the city where they are headquartered. They also have a small location in another market where they run a company owned operation.

Business Operation

Expansion Potential:

This business has national scalability with many options to a new owner for that expansion. The present model is setup for the creation of a licensed dealer network. A new owner may choose company owned locations or a franchise model.

Competition / Market:

There are nationally known competitors in this industry as well as do it yourself options. After this product was introduced to the current markets where they operate, many competitors left those markets. Revenues in this industry are estimated to be $6 Billion per year.

Reasons for selling:

Owner has other business interests.

Trading hours:

Mon-Fri 8am-7pm; Sat 9am-12pm

Employees:
8 FT
Years established:
17 Years

Other Information

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Murphy Business & Financial

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