Established in 1995, this is a full-service residential renovation company focusing on bathrooms, kitchens, additions, and repairs. Excellent reputation for delivering quality workmanship, timely delivery, and very competitive pricing. With a strong, loyal, high net worth clientele, the company is successful via word-of-mouth referrals that continue to expand, growing the business along with it. Marketing is minimal through an internet presence, website, and worksite yard signs which leaves a tremendous opportunity for expansion and growth. Company structure consists of the owner who designs and bids projects and manages financial operations, yet relies on a group of 30 independent subcontractors to execute the projects. Each subcontractor has been identified and developed by the owner to ensure the level of excellence expected.
- Asking Price:
- $442,000
- Sales Revenue:
- $700,655
- Cash Flow:
- $219,358
Property Information
- Premises Details:
-
Business operated out of a home office. Therefore, the buyer will be able to relocate the associated documentation to a location of their choosing.
Business Operation
- Expansion Potential:
-
Growth opportunity lies in expanding advertising and marketing. Owner and the subcontractors have a reputation for quality and timely services. Yard signs and referrals have also been a source for name recognition. Adding a dedicated sales professional to promote the business and its reputation will expand the recognition and resulting projects.
- Competition / Market:
-
Competition from local contractors engaged in similar activities.
- Reasons for selling:
-
Owner to retire.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 1 FT
- Years established:
- 29
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$44,200 down/$44,200 over 120 mos. @ 11.25%/Other Financing.
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
