A great opportunity to step into a busy, established home remodeling company with the hard parts already built! This business sells kitchens, baths, roofing, windows, flooring and concrete to homeowners across the Greater Philadelphia area, bringing in $3.56M in trailing twelve-month revenue and $262,137 in SDE. Asking just $600,000, about 2.3x SDE.
Here is what makes it so attractive: this is a sales and marketing business, not a labor business. Every installation is handled by long-tenured 1099 subcontractor crews that run their own people, drive their own vehicles and source their own materials. No W-2 field employees, no trucks, no equipment and no equipment loans to worry about.
You get paid, every time. Projects are financed at the point of sale through one of about ten third-party lenders, so payment is secured before a shovel hits the ground. No debt, no accounts receivable and no chasing slow-pay customers. Jobs wrap up in about three weeks using readily available materials, and funding follows fast.
The phone keeps ringing. Facebook and Instagram campaigns drive roughly 70% of revenue, backed by a door-to-door flier program, and the ad accounts and full content library come with the business. Average contract size is about $22,000, and no single client or referral source makes up more than a small fraction of revenue.
Hit the ground running. A signed backlog of roughly $300,000 transfers at close, so crews are working and money is coming in from day one. The owner currently puts in only about 15 hours a week. The general manager who runs sales, marketing and lender relationships is open to staying on, and the seller provides four weeks of full-time training.
And there is real upside on the table. Prices have not been pushed to their ceiling, repeat business sits at only about 10%, and existing spillover work in New Jersey and Delaware is ready to be formalized with additional licensing.
An excellent fit for an experienced contractor or remodeling pro with an established LLC and at least $25,000 in working capital. Opportunities this turnkey do not come along often. Sign an NDA today to receive the full confidential information memorandum.
