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Old Town OFallon

  • Listing No.: 205-00002

  • Category: Construction

Asking Price $99,000
Down Payment $50,000
Gross Revenue $150,269
Total Adjusted Net Income $31,008
Equipment / Fixtures $35,000
Year Established
General Location Old Town OFallon
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Remodeling and construction company in O'Fallon, MO that has been in business for over 40 years!!!  Owner is ready to retire and wants to see his baby find a good home.  Business has a storefront in O'Fallon and primarily services St. Charles and St. Louis counties.  Has great reviews on Angie's List and Home Advisor.   Owner believes business could be easily expanded.  Business has done more revenue in the past but owner has scaled down as he approached retirement.

Gross Revenue $150,269 Listed Price $99,000
Total Income $31,008 Down Payment $50,000
Base Rent $550 Square Feet 1250
Total Rent $550 Lease Expiration 04/2026
Rent Deposit $625 Lease Options 1 / 5 years
Inventory $30,000 Leasehold Improvements $0
Equipment / Fixtures $35,000 Other Assets
Full-Time Employees Training Period 30 Days
Part-Time Employees Special License Required
Contract Staff 1 Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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