Exterior Home Renovation Business In Port Perry For Sale

•Very Profitable & well-established exterior home renovation business for sale in North Eastern Ontario for
over 53 years
•Business is currently running at full capacity and turns away business as the seller is looking to retire. Since 1969 this company has been the brand for siding, decks, windows, roofs and other related products. Seller suggests that they can reintegrate roofing services into their portfolio
•Business has been a staple in its trading area for over 53 years, and has built a loyal customer base and an exceptional reputation for quality and service
•Company has a multi-year track record of profitability with average revenue of approximately $1.76M during the last 4 financial years, with revenues in the year-ended September 2023 being approximately $1.89M
•Business price includes assets of approximately $500K
•Business has a non-unionized staff of 13 employees including the manager and the owner
•Business may be run successfully under absentee ownership, which can be an advantage for investors seeking a more hands-off approach. This means you can maintain the business without being directly involved in day-to-day operations, providing an opportunity for passive income and scalability
•Most of current revenues are generated organically through existing client base with minimal marketing. Huge opportunity to take the business to next level by implementing active marketing strategies, including marketing to existing customers
•Owner is of retirement age, hence looking to sell the business