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This Business has been Sold!
Closing Date: 04/11/2005
Broker: Jim Aloi

Business for Sale Summary

Home Improvement - 3239

Business Type: construction businesses,building,special situations,best deals!
Sold
Home Improvement
On April 11th 2005, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $225,000
Gross Revenues $1,100,000 Lease Remaining Register Free to View
Owner’s Cash Flow $292,560 Number of FT Employees Register Free to View

Financing

$225,000 Down and 125000 AT 7% FOR 24 MONTHS

Business Description

Long Island quality home improvement and remolding business established 20 years is now available due to seller moving out of state. This business presently specializes in kitchens and baths and does a high volume of high end and custom work.This improvement company is the most highly recommended by all its suppliers. Full crew will stay on board plus seller which does estimates only will fully train inexperienced buyer for up to six month with salary.. This company is fully licensed and insured for both nassau and suffolk county. They have a tremendous word of mouth and referral recommendations with lots of repeat business. Broker has seen hundreds of photgraphs of past finished jobs and was extremely impressed. Broker states that this is one of the very best home improvement companies that he has listed. Sale includes portable modular displays, two vans plus all neccessary sales and work material.Seller offers full booklet on every estimate which includes all license and insurance certificates along with 100 names for referrals showing customer satisfaction and beyond. This assures comfortability to new customers.This company has developed strong rellationships with the kitchen and bath industries, top manufacturers and local suppliers. These relationships assist in expiditing the remodeling with the finast quality materials with excellent prices.They have a great nassau and suffolk county report with the consumers affairs. Seller presently works 40 hours per week.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.