Full-Service Home Remodeling Business & Hardware Store in Southern Indiana
Off-MarketCorydon, IN
Full-service Home Remodeling And Construction & Brick And Mortar Hardware Store
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$3,000,000
$500,000
16.7%
2018
30+ Days
Customers
90% residential and 10% municipalities / commercial projects.
Customer Acquisition
Strong online reputation and foot traffic into the brick-and-mortar hardware store. Owners do limited social media marketing and promotions with local schools and radio stations.
Team
4 full-time installers, 1 part-time. Handful of subcontracting relationships for larger projects in floor restoration, room addition, electrical projects.
Owner's Role
Marketing, process management, occasionally fire-fighting inside the business.
Reason for Selling
Owners also have a property management business and are looking to semi-retire while operating it.
Contracts
No
Real Estate
Own a brick-and-mortar storefront, showroom, and small office valued at approximately $400K. Open to including in the sale or leasing if a buyer prefers.
When Are You Looking to Sell
6-12 months
Licenses Required
Yes for some of the municipality projects.
Additional Notes
This listing is for two combined businesses: a remodeling and construction company that generates around $2.5 million in annual revenue, and a brick-and-mortar store that supplies materials to local contractors and walk-in homeowners, generating around $500,000 in annual revenue. The two businesses are vertically integrated, with the store providing materials to the construction company at wholesale prices. The owner is open to packaging both for sale or selling separately. The businesses have seen year-over-year growth since inception. 90% of the business is serving customers within a 20-mile radius. The community is 25 miles from the fastest-growing area in Indiana.
Business ID: 1303
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