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Growing and Profitable Residential Remodeling Co. in Triangle

Growing and Profitable Residential Remodeling Co. in Triangle
  • Status : Active
  • Relocatable : Yes
  • State/Province: North Carolina
  • Listed Price : $1,995,000
  • Listing ID : 16298
  • Down Payment : $199,500
  • Discretionary Earnings : $836,896
  • Total Sales : $4,933,558
View Details Business Description :

Established, growing residential remodeling and renovation company with over a 10-year track record! Recently added relationship with big box home improvement store will add significant opportunity.  Enjoy a well-developed local reputation coupled with the national brand name recognition and support provided by one of the premier franchisors in the industry. Attractive territory located in the Triangle (one of the best metro areas in the country), with room for continued growth!  Strong brand name and market presence, proven sales and marketing programs, experienced managers, sales team, and crew make this a turnkey acquisition with clean financials. Currently semi-absentee owned, the buyer could continue to operate it semi-absentee or become a full-time owner-operator. YTD through March up 16% over 2020 (before COVID hit).

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month). The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (usually 3.75% of the guaranteed amount for a loan of this size). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.


 

Category :

Construction / Contractor Home Improvement, Construction / Bldg Renovations, Construction / Contractor Installer

Hardware, Home Improvement, Tire and Auto Services Store

Hardware, Home Improvement,  Tire and Auto Services Store
  • Status : Active
  • Relocatable : No
  • State/Province: North Carolina
  • Listed Price : $1,475,000
  • Listing ID : 16406
  • Down Payment : $147,500
  • Discretionary Earnings : $469,834
  • Total Sales : $2,091,715
View Details Business Description :

Great opportunity to own a multi-generational business that began in 1980 in its existing location. This hardware, home improvement, tire, and auto services store has withstood the test of time and continues growing serving its rural Eastern North Carolina community. The customer base is extremely loyal with shopping local rather than frequenting the big box stores located more than 30 miles away. Multiple revenue streams from hardware, tools and equipment, plumbing fixtures and fittings, electrical supplies, paint, lawn and gardening products which include power equipment, housewares, pet products, and appliance sales.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month). The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (usually 3-3.75% of the guaranteed amount). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.

Category :

Hardware Ret Related / Lighting Store Retail, Hardware Ret Related / Hardware Retail, Hardware Ret Related / Paint Store Retail; Appliances / Appliance Sales, Appliances / Appliance Repairs; Automotive / Auto Tire Stores

Outdoor Power Equipment

Outdoor Power Equipment
  • Status : Active
  • Relocatable : No
  • State/Province: South Carolina
  • Listed Price : $1,200,000
  • Listing ID : 16154
  • Down Payment : $120,000
  • Discretionary Earnings : $351,121
  • Total Sales : $2,780,858
View Details Business Description :

Well-established company sells power equipment, power equipment parts, and repairs power equipment and small engines.  Over the past 15 years, they have secured a loyal customer base, maximized operational efficiencies, established contracts, formed relationships with suppliers.  They work with individuals, small companies, school districts and have contracts with large retail stores, municipalities, and a power equipment manufacturer to perform sales and warranty work. 

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 6-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month), for a total savings of $54,000.  The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee of approximately $30,000 (based on the above loan amount). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.


Category :

Repair / Miscellaneous Repair; Equipment S & S; Lawn/Landscaping / Lawn Equipment Sales, Lawn/Landscaping / Lawn Mower Repairs

Established Commercial Plumbing Company

Established Commercial Plumbing Company
  • Status : Active
  • Relocatable : Yes
  • State/Province: South Carolina
  • Listed Price : $995,000
  • Listing ID : 16066
  • Down Payment : $100,000
  • Discretionary Earnings : $402,395
  • Total Sales : $1,246,492
View Details Business Description :

Well established and profitable plumbing business specializing in service, repair, and commercial new construction. They have been in business since 2003. The company's focus is on commercial business with minimal residential work. New construction is approximately 20% of the business, 10% backflow testing, and the remaining repair and service.

Category :

Construction / Contractor Plumber

Established Niche Furniture Store-SE USA

Established Niche Furniture Store-SE USA
  • Status : Active
  • Relocatable : No
  • State/Province: South Carolina
  • Listed Price : $990,000
  • Listing ID : 14383
  • Down Payment : $891,000
  • Discretionary Earnings : $248,094
  • Total Sales : $2,002,416
View Details Business Description :

Great opportunity to own a very well established, niche furniture store, that caters to a sophisticated clientele. This business is located in a great geographical location and is able to easily service a three state area. The building is neat and attractive both inside and out.    

The business is listed for sale at $990,000 including $200,000 in inventory.  

The Company is on a 6/30 fiscal year end. The financials for the 2018 tax return represent the period 7/1/18 to 6/30/19.


Category :

Furniture Retail / Furniture Store

Window Treatment Store

Window Treatment Store
  • Status : Active
  • Relocatable : Yes
  • State/Province: North Carolina
  • Listed Price : $975,000
  • Listing ID : 16193
  • Down Payment : $97,500
  • Discretionary Earnings : $339,415
  • Total Sales : $1,084,685
View Details Business Description :

Operating for nearly 30 years, this custom window treatment store is well-recognized and comes with an impeccable reputation for quality and service. Highly regarded by its suppliers as well, the store offers nearly a dozen brands and nearly all window treatment solutions - a vast majority of which are made in the U.S. Products offered include blinds, shades, shutters and fabrics.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month). The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (usually 3-3.75% of the guaranteed amount). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.


Category :

Interior Design/Dec / Window Coverings

Specialty/Healthy Wholesale Foods Commercial Bakery

Specialty/Healthy Wholesale Foods Commercial Bakery
  • Status : Active
  • Relocatable : No
  • State/Province: North Carolina
  • Listed Price : $945,000
  • Listing ID : 15816
  • Down Payment : $225,000
  • Discretionary Earnings : $257,705
  • Total Sales : $1,300,400
View Details Business Description :

Profitable and growing commercial bakery that specializes in wholesale specialty/healthy snack food.  The Company sells its own brand through distributors, but also manufactures private label brands for major grocery store chains and specialty brands.  The facility is a NC Department of Agriculture and Consumer Services inspected facility.  Significant opportunity for growth by expanding the grocery store business across the other chains, other specialty brands, and co-packing opportunities.  This turnkey operation comes with a full complement of equipment, customer relationships, and existing and knowledgeable staff.  
The financials above include a $36,000 annual rent charge.  If the real estate is also purchased, the discretionary earnings (SDE) available to the buyer will be $292,705.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month). The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (usually 3-3.75% of the guaranteed amount). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.


Category :

Wholesale / Wholesale Snack Items, Wholesale / Wholesale Dry Goods; Manufacturing / Food/Kindred Products, Manufacturing / Mfg-Foods Snack, Manufacturing / Mfg-Foods Dry

Well Equipped Collision and Body Shop in Southwest VA

Well Equipped Collision and Body Shop in Southwest VA
  • Status : Active
  • Relocatable : No
  • State/Province: Virginia
  • Listed Price : $849,000
  • Listing ID : 15286
  • Down Payment : $84,900
  • Discretionary Earnings : $183,178
  • Total Sales : $1,285,351
View Details Business Description :

Full-service auto body and custom painting business in Southwest Virginia. Established in 2005, the Company is the largest and best-equipped shop in the area. It has built a solid reputation with drivers and insurance companies -- with approximately 90% of their business coming directly from insurance companies. Great location near interstate provides easy access to surrounding areas and the go to shop for tow trucks responding to local accidents.

Lender pre-approved for qualified buyer with 10% down. Prime + 2%. 10 year term for business only, 14 year term for business and real estate. The seller's discretionary earnings includes a $31,000 charge for rent. The cash flow available to a buyer of the business and the Real Estate would be $378,814. Seller will finance up to 10% depending on terms and structure of overall offer and buyer qualifications. 

The Company saw a slowdown in 2020 as fewer drivers on the road during shutdowns and stay at home guidance resulted in few drivers running into each other.  They are starting to see business pick back up in early 2021 and already have a several week backlog.  The Company anticipates that once the COVID vaccine is widely rolled out and schools and businesses reopen that drivers will return to the roads and start running into each other again.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 6-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month).  The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (approximately $27,000 for both the business and land loan).  The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.

Category :

Automotive / Auto Body Shop, Automotive / Painting/Touch Up

Established, Profitable Commercial Lighting and Sign Service Company

Established, Profitable Commercial Lighting and Sign Service Company
  • Status : Active
  • Relocatable : Yes
  • State/Province: South Carolina
  • Listed Price : $824,900
  • Listing ID : 16341
  • Down Payment : $82,490
  • Discretionary Earnings : $274,555
  • Total Sales : $545,887
View Details Business Description :

This Company is a well-established and profitable business that services lighting and signs for commercial customers. They work with major restaurant chains, retailers, and other multiple-location businesses. The Company works with independent locations as well. They do not manufacture signs, but will install signs to accommodate their customers. The Company bills hourly for their labor services; however, the most profitable area of the business is the parts they install.

This is a great opportunity to own a very profitable business that requires minimal hours and oversight from the owner.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month). The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (usually 3-3.75% of the guaranteed amount). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.


Category :

Signs / Sign Companies

Well Established/Profitable Plumbing Business

Well Established/Profitable Plumbing Business
  • Status : Active
  • Relocatable : Yes
  • State/Province: South Carolina
  • Listed Price : $790,000
  • Listing ID : 15958
  • Down Payment : $711,000
  • Discretionary Earnings : $248,511
  • Total Sales : $1,117,005
View Details Business Description :

This is a great opportunity to own a well established and profitable Plumbing Company in the Greater Columbia Area. The Company performs all types of plumbing repairs, service, and installation, both residential and commercial.  The purchase comes with experienced crews and fully equipped vehicles and related equipment.

Category :

Construction / Contractors-Plumbing & Heating