Profitable, full-service residential and commercial design & build remodeling business specializing in “green” products & construction materials. Design showroom in Noe Valley, with cabinets, flooring, countertop tile, & other samples on display. A reputation for excellence for well over 30 years.
Serving the San Francisco Bay Area, this business is a superb design-and-build remodeling and interior design contractor with a comprehensive retail showroom and design studio in a prime commercial area. They specialize in kitchen and bathroom remodeling, interior design, whole-house remodeling and additions, residential and commercial general contracting, construction services, and complete design-build project management. Customer satisfaction is extraordinary, earning them a 5-star Yelp rating.
The current owner acquired the business several years ago, continuing over 30 years of a sterling reputation for excellence. Customers meet with the staff in a comfortable, appealing setting with sample displays of products, from cabinets to flooring to fixtures and more. The business maintains excellent relationships with over 100 supply vendors, easily transferable to a new owner.
The business enjoys consistent sales, fueled by returning customers and enthusiastic referrals. The majority of their work comes from referrals and word-of-mouth.
The current owner will be very open to negotiating a reasonable period for training and transition as part of the purchase price.
Facilities: The business operates out of a tasteful 1,480 sq. ft. space in the Noe Valley neighborhood of San Francisco, a peaceful and accessible part of the city. The entire space is a showroom for the various products they sell and for the type of work they do. There are dozens of sample installations from several manufacturers, cabinet makers, and office spaces where 4-5 people can comfortably work. The current office and showroom may be retained, subject to negotiation with the landlord, who is very receptive to a new tenant. current rent is $3,100/month.
Staff: All 1099 sub-contractors; combination of full-time (including one working owner) and part-time.
Financial Data: Gross Sales Revenues for the past two years (“post-Covid”) have been about $800,000 per year. Seller’s Discretionary Earnings (SDE) are estimated at about $90,000 annually
fair market replacement cost of furniture, fixtures, & equipment (FF&E) is estimated at $50,000.
Upon discussion with the seller, a serious buyer will be provided access to all financial data for the past several years and, during due diligence, will have full access to all tax and bank records as well as all data to verify actual EBITDA and the seller’s discretionary earnings (“SDE”).
The Transaction: The seller is open to all reasonable offers and terms; the seller will make adjustments as appropriate or necessary to assure completion of work in process at the time of the business transfer. The business is being offered for $399,000, approximately 50% of annual sales, including all assets except accounts receivable, cash-on-hand, leasehold security deposit, and re-saleable inventory. This is for the entire business: tangible assets: tools, tooling, fixtures, apparatus; intellectual property: website, trademark(s), logo(s), highly valuable trade name(s), methods of operation, vendor/supplier resources, customer lists, etc.; sales backlog; good will. It does not include cash, accounts payable, accounts receivable, or security deposits. Materials inventory (if any) is extra at actual cost.
Note: All data on this business is provided by the seller for informational purposes only, and no representations are made by the broker as to its accuracy. The broker has made no independent verification of the data contained herein. The broker represents the seller and does not represent the buyer. The buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the business.
