This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.
Overview:
Our client is a premier Outdoor Living Space and Design/Build company that has been serving their market for the past 18 years.
Their customer base is predominately high-end homeowners that expect a high-quality design build process. Projects range from around $20,000 – several hundred thousand dollars.
The company has a production pipeline of approximately 45 projects totaling over $2.5 million in projects that are committed to or in progress. They also have a large sales pipeline of customers that they’ve presented proposals to or who are in the design process, that haven’t signed a contract or paid a deposit yet.
An important part of the success of the company is the strength of their team and sub-contractors. Many of their team members have been with the company for 3 years or more. Most of their sub-contractor crews have been with them for 5 – 10 years.
The company has multiple team members that do project designs and proposals.
There were a number of initiatives put in place in 2020 that have caused sales and profits to increase significantly.
The owner has identified numerous potentially significant opportunities to increase sales and profit.
This business has been pre-qualified for a 10-year SBA loan with a $345,000 down payment. $250,000 of working capital and a $150,000 working capital line of credit are also available. There is no seller financing. The SBA fee has been waived and the SBA will pay $9,000 per month of the loan payment for the first six months.
This is an impressive company with a great customer base and a talented, tenured team. This business will sell very quickly.
