The business worked exclusively with high-end builders in new construction until 2009, when the recession required they re-evaluate their business plan. They entered the remodeling industry, working directly with upper middle-class homeowners to great success. High-end builders now account for 50% of the revenue with the remaining 50% from direct sales and installs for homeowners.
There are two owners of the business, one of the owners can be replaced by an employee that will step up and is currently the operations manager, the other owner can be replaced by adding an internal bookkeeper or outsourcing that function.
The dual client business plan continues to improve the bottom line. Between 2020 and 2021, revenue increased 37%.
The Company is well known in North Florida throughout Nassau, Duval, Clay, and St. Johns counties. The US Census reports 370,000 owner-occupied homes across all counties in 2020. Of those, 122,000 are valued at $300,000+.
Facilities:
Total facility is 10,000 sq. ft. consisting of 4,0000 sq. ft. of warehouse space, 4,000 sq' ft. of showroom and 2,000 sq. ft. of office space.
Real Estate Available: No
Real Estate Included: No
Real Estate Description:
Leased Location
Detailed Information:
Lender Prequalified: Yes
SBA Prequalified: Yes
Rent: ON REQUEST
Owner worked hours per week: 40
Is Going Concern: Yes
