Project management for residential renovations with over three decades of building a strong reputation. Whether it's a small powder room, a luxurious master bedroom, or a functional kitchen used to entertain, they can handle all aspects of the remodeling process. Their services primarily cater to residential clients, but they also undertake the occasional commercial project upon request. They have a team of skilled professionals who can transform any room into a beautiful and functional space. The dedicated team includes two carpenters, one designer, one marketing professional, and one bookkeeper. The owner is full-time,overseeing the operations,providing estimates, and meeting with clients. The business operates out of a spacious 2,400-square-foot showroom, providing clients with an opportunity to explore various design options and visualize their projects.
They lease the showroom for only $1,887 per month. The reason for selling is the owner's retirement planning, though he is looking forward to staying on board for 2-3 years. The owner is willing to finance 10% of the purchase price in order to show his vested interest in the continued success of the business post-close.
Priced at $1,425,000, a 10% down payment of $142,500 will return $191,612 in the first year after debt payments! A 134% return on investment! Their full-service approach covers all aspects of interior design, including bathroom remodeling, cabinet installation, and home design.
- Asking Price:
- $1,425,000 Furniture / Fixtures included
- Sales Revenue:
- $2,737,041
- Cash Flow:
- $396,784
Business Operation
- Expansion Potential:
-
Owners’ Role: Owner is active and provides leadership,
oversight, and estimates
- Reasons for selling:
-
Age – retirement planning
- Employees:
- 5 on staff: including 2 Carpenters, 1 Designer, 1 Marketing, 1 Bookkeeper
- Years established:
- 1990
Other Information
- Support & training:
-
1-3 years if desired by the buyer
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Buyer Down Payment $142,500
10% Seller Financing $142,500
80% Bank Loan $1,140,000
- Furniture / Fixtures value:
- $471,435 - included in the asking price
- Relocatable:
- This business can be relocated.