Design, Remodel and Project management for homeowners
with residential renovations including kitchen & bath,
countertops & cabinetry and home additions. They have a
team of skilled professionals who can transform any room into
a beautiful and functional space. The dedicated team
includes: two carpenters, one designer, one marketing
professional, and one bookkeeper. The owner is active,
providing leadership, overseeing estimates, and meeting with
clients. The owner does NOT do any design work. This can
be run remotely. The business operates out of a 2,400 square
foot showroom for only $1,887 per month. The reason for
selling is the owner's retirement planning, though he is
looking forward to staying on board for 2-3 years. The owner
is willing to finance 10% of the purchase price in order to
show his vested interest in the continued success of the
business post-close.
Priced at $1,085,000, a 10% down payment of $108,500 will
return $153,878 in the first year after debt payments! A 141%
return on investment! Their full-service approach covers all
aspects of interior design, including bathroom remodeling,
cabinet installation, and home design.
- Asking Price:
- $1,085,000 Furniture / Fixtures included
- Sales Revenue:
- $2,685,066
- Cash Flow:
- $310,097
Business Operation
- Expansion Potential:
-
Growth Opportunities: Adding more staff members to handle
the influx of work
- Reasons for selling:
-
Age – retirement planning
- Employees:
- 5
- Years established:
- 1990
Other Information
- Support & training:
-
2-3 years if desired by the buyer
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Buyer Down Payment $108,500
10% Seller Financing $108,500
80% Bank Loan $868,000
- Furniture / Fixtures value:
- $454,576 - included in the asking price
- Relocatable:
- This business can be relocated.
