This is a 27-year established and highly profitable home improvement business. The sale price includes over $135,000 of inventory and equipment assets. Dedicated staff want to continue forward with the new owners. The cash flow represents owner’s discretionary income from 2024. Sales are positive year over year. The leased office and warehouse space is in Springfield, IL. This unit is part of faith-based, full-service kitchen and bath remodeling franchise company. The business has established a strong reputation for delivering high-quality work and timely completions. 40% of our revenue comes from repeat and referral customers. We have reinforced this by implementing consistent marketing strategies. This has been a consistently profitable business, averaging net profits of 11.6% over the last decade, after accounting for profit sharing with our employees.
We have built a strong team that takes ownership, allowing us as owners to be away from the business for almost 40 days this year, excluding holidays. This has been a business that has provided us and our family with a quality of life and work balance, as well as allowing us to achieve the financial goals that we desired. The corporate staff and other franchisees have been wonderful to work with as we grew our location. Full training and ongoing corporate support will be included with this sale.