Salt Lake City, Salt Lake County, Utah, United States
Asking Price$790k
Revenue$936k
EBITDA-
Cash Flow$272k
Description
The Company is a thriving shed-building Company based in Salt Lake County, UT. Founded in 2021 The Company has grown rapidly with a mission to build sheds better, faster, and more affordably than anything on the market.
Initially offering sheds along the Wasatch Front from Provo to Ogden, they have built a solid brand and reputation in the market. They offer Lean-to and A-Frame style sheds but have focused on custom builds that many other companies are not willing to do. They have done Barn Style, two-story sheds, large garages, and many other unique custom builds. On their website, they have a 3D design tool that allows customers to design their ideal shed.
Real Estate
Rent is $2,400 per month
Building Size: 2500 sq. ft.
Furniture Fixtures & Equipment
$31k
Inventory
$61kIncluded in Asking Price
Number of EmployeesFull-Time: 4
Year Established
2021
Reason Selling
The owner is pursuing other business interests.
Facilities & Assets
The commercial real estate the business operates from is currently being leased. Currently, rent is approximately $2,400 per month. They currently have about 2,500 sq ft of space with 300 sq ft of office space.
Support & Training
Will train for 4 weeks @ $0 cost.
Market & Competition
There is some competition in the Industry. The owner is aware of a dozen other competing companies in the same space, however, The Company has been positioned as the go-to for high-quality custom sheds.
Growth Opportunities
The Company is well positioned to continue growing its market share across the Wasatch front through a concerted business development effort. In addition, the current owners have considered opening additional locations in Idaho and Nevada.
Asking Price$790k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.