Interior Remodeling With Custom Cabinet Fabrication For Sale

This leading home remodeling business was established in
1992, and is situated in the heart of Lincoln, Nebraska.
Catering to the needs of Lincoln and its surrounding
communities within a 30-mile radius. They offer an extensive
range of services including kitchen and bathroom remodeling,
additions, home interior finishes, flooring, design/ fabrication
and installation of cabinetry, and virtual reality walk-throughs.
The company’s service breakdown consists of 90% remodels
and additions, with the remaining 10% dedicated to finished
carpentry projects. Primarily serving two clientele groups:
general contractors and homeowners. The business operates
from a spacious 3,500 sq ft, two-story building. The first-floor
houses storage and a workshop area while the second floor
boasts a finished office space. The staff consists of one
carpentry professional and subcontractors for project
management, base and finished carpentry. The owner is
contemplating a career change, leading to the decision to sell.
The transition period for the new owner can range from 6
months to 1 year depending on their preferred level of
involvement. Owner spends approximately 20 hours per week
managing financial oversight, completing quotes/bids,
coordinating subcontractors, and performing site visits.
Priced at $715,000, a 10% down payment of $71,500 returns
$236,167 in the first year after debt payments! Growth
opportunities include expanding the service area,
development of proprietary tools, and implementing a
marketing strategy.