HS Listing ID-71395
High-end luxury basement finishing company serving affluent homeowners throughout the Detroit Metro Area. The business specializes primarily in custom basement finishing projects, basement apartments, entertainment spaces, and luxury lower-level renovations for high-income clientele who prioritize quality and craftsmanship over price.
The company has experienced strong year-over-year growth simply by expanding its service radius throughout affluent suburban markets in Metro Detroit.
Unlike traditional remodeling companies, the business operates with a lean subcontractor-heavy model, allowing for strong margins and minimal overhead. Nearly all field labor is subcontracted out, with only two long-term part-time carpenters remaining with the company, both of whom are expected to stay post-sale. Combined payroll for both employees is approximately $43,000 annually.
Sales History:
2023 Gross Sales: $603,321
2024 Gross Sales: $748,475
2025 Gross Sales: $959,195
2025 Adjusted SDE: Approximately $320,000
Owner averages approximately 30-35% net profit margins across projects.
Business Highlights:
Specializes primarily in luxury basement finishing
Strong upward revenue trajectory year-over-year
Growth achieved mainly through expanding service area
Lean subcontractor-based operational model
Minimal employee overhead
Two experienced part-time carpenters willing to stay
Strong online reputation and referral business
Average projects range from $75K-$90K
Established subcontractor and supplier relationships
High-margin business serving affluent clientele
Owner is looking to step back from the business and has no desire to continue growing operations
Seller is willing to stay on for several months post-sale with compensation to ensure a smooth transition
Business is highly scalable due to subcontractor-heavy structure
Strong add-backs significantly increase true cash flow
Ideal opportunity for an owner-operator or construction industry buyer
Includes website, branding, goodwill, customer database, and established subcontractor network
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
