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Listed by:

Transworld Business Advisors Raleigh West

Established Residential Renovation Company For Sale

New Hampshire, US
Asking Price:
$360,000 Furniture / Fixtures included
Sales Revenue:
$1,387,216
Cash Flow:
$114,472

This 21-year-old company located in New England is well diversified into 3 aspects of remodeling:

• Residential work in single-client homes - kitchens, bath remodels, additions, garages, attic/basement buildouts, etc. They are focused on higher-end clientele. This has been their bread-and-butter and is what they've built their reputation on.

• Residential work in a quasi-commercial setting for a national company that operates group homes for residents that have various levels of neurological issues. This specialized work is primarily remodeling single-family homes into group homes.

• Handy Man Services for smaller jobs. They use subcontractors to do work that is too big for the DIYer, but not big enough for a full-scale remodel. They run these projects off a work order system. It takes minimal administrative time and has been very popular and profitable.

• SDE for 2021 was over $200,000 and 2023 YTD shows the company is back on track to produce the same percentage of SDE.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $2,455.00

Square Units (Foot, Meter): 2,500

Lease Expiration Date: November 29, 2022, 9:00:00 PM

Terms Options: Month to Month

Location:

Facilities: Warehouse

Business Operation

Reasons for selling:

Retiring

Trading hours:

8-5 Monday through Friday

Employees:
7
Years established:
2002

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$162,500 - included in the asking price