- City Philadelphia
- State Pennsylvania
- CountryUnited States
Not Relocatable
This company provides solutions to affluent homeowners. The current owners have grown the company over their tenure and believe a new owner can continue to do the same. This particular company (due to a combination of demographics and productivity) is particularly well placed to grow in relation to other similar companies. Expansion could come from geographical reach, sales staff, showroom, product line expansion, etc. Operating out of 9,000 ft of leased office and production space, the company serves the Greater Philadelphia region. The business currently operates on a five day schedule with the owners working about 35 hours per week. There are 10 full and 2 part time employees. The sale is being considered to enable the retirement of the owners. They will sign non-compete and non-solicitation agreements in connection with the proposed transaction, as well as mutually agreeable consulting agreements that will provide transition support for the acquirer. The company is offered for sale at $1,200,000 with financing available to a qualified buyer with $300,000 down.
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