Residential Contractor - Window & Sash Renovations
Location: Massachusetts > Suffolk County > Boston
Industry: Building and Const. Services > Other Services
Financials
Asking Price: $89,000
Gross Revenue: $167,000
Gross Revenue Comments: This is has been a part-time business run by a graduate student.
Cash Flow: $77,400
FF&E: $20,000 (Included in Asking Price)
Business Summary
Excellent opportunity to purchase a profitable Residential Window Renovation Business supported by national franchise technology and branding. What a concept - keep the beauty and charm of your customers’ original wooden windows but have them be convenient and energy efficient with modern technology! This renovation process maintains the historical authenticity by retaining original window sashes and interior grills (muntins). This service replaces the single-pane glass with double-pane Low-E insulated glass which greatly increases R and UV ratings and eliminates the need for storm windows, greatly reducing noise from the outside. Most jobs are performed in one to two days and are usually 30-50% less costly than quality wood window replacements and quality vinyl replacements. Franchise towns in this prime territory include, but are not limited to, Boston, Newton, Wellesley Brookline, Belmont and North to Marblehead/Swampscott, and as far South as Hingham/Hull. Current work backlog exceeds $70,000. At present business is supported by 2 Part-Time employees including owner.
About the Business
Year Established: 2005
Employees: 2 part time
Facilities: No need for the overhead of a workshop as all work is done on site in your mobile woodshop housed in the work trailer towed to each job site and included in the purchase price.
Market Outlook and Competition: This business has been a part-time effort by a full-time graduate student who has run it as a side venture to support himself while in school. Because of his limited efforts due to time available, a buyer can rapidly expand this business by devoting full time to it and initiating an aggressive marketing program. Demand continues to increase with the rise in home heating costs. Best of all, the franchise territory includes many of the high-end bedroom communities surrounding the Boston area which have numerous older homes that are prime targets for this service. Additional mobile vans and crews can be added to further increase sales and profitability
About the Sale
Management Training and Support: Seller will stay on to train buyer in estimating and bidding, and the work process.
Reason For Selling: Seller is pursuing other employment in line with his graduate degree received June 2008.

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Listing Tools
BizQuest ID:913892
Seller ID:MS1230
Business Listed By
Name:Bob Karlis
Company:Cabot Business Brokers
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