| Asking Price |
$225,000 | Inventory |
$120,000** |
|---|---|---|---|
| Gross Income |
$1,072,661 | Real Estate |
$400,000** |
| Cash Flow |
$114,154 | Year Established | 1981 |
| FF&E |
$50,000* | Employees | 8ft |
* included in the asking price
** not included in the asking price
Established more than 27 years ago this home improvement business is poised for growth. Sales decline due to seller's health over the past few years and the fact that the business at this point can run itself at $1 million in sales, affords a prospective buyer with a unique opportunity to initiate a growth path for a business with an excellent reputation in the market place. Better business bureau statistics will back up the goodwill of this business. A great buy and enthusiasm brought to bare by a new owner in this business positions the company for excellent growth during a recession. The staff is competent and reliable affording a purchaser the time to focus on growing the business! Owner will finance real estate valued at $400k (per separate agreement) that also has income of $1,200 per month from another tenant. So if you have a background in management operations experience or building construction this can become your success story. Don't wait! Contact us Now! This business will sell sooner than later! Upstate South Carolina is an excellent market.
Facilities: Retail location on major highway with excellent visibility. 12,497 sq ft of office and manufacturing space. In addition rental income from real estate of $1,200 per month. Seller owns real estate and is willing to finance property, fifteen year term.
Competition: Established in 1981 by current owner the business is recognized for outstanding quality and service. Business has competition but serves their markets well!
Growth/Expansion: Due to the owner's health the business has moved sideways over the past four years with around $1 million a year in sales. But the market demand is much larger and a new owner with infusion of effort and enthusiasm can easily double the sales.
Financing: Tbd
Support/Training: Owner willing to remain for three weeks included in sale, longer term to be negotiated.
Reason Selling: Retirement

Dan Lemanski
864-979-4190
Lemans Inc.
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