Established Home Remodeling Business In IL
Relocatable, IL Cook County
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- RE: Established Home Remodeling Business In IL
- Contact: John Meyers
Quick Facts
| Asking Price: | $750,000 | |
| Annual Revenue: | $1,584,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $347,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 9 | |
| BBN Listing #: | 950097 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Reputable home remodeling and design business serving the Chicago area for 29 years.
Most projects are residential exterior and interior remodels. Because of their excellent attention to detail and great reputation, most of their business comes from referrals and word-of-mouth.
The seller is retiring and will stay on for a reasonable amount of time to allow for an easy transition.
A new owner could easily take this business to the next level by adding light commercial services.
Their 9 long-term employees will continue in their roles, ensuring operational continuity.
PLEASE NOTE: Only buyers with home remodeling experience will be considered.
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Property Features and Assets:
This is a home-based business.
Market Competition and Expansion:
Home remodeling is very hot since most homeowners stay put because of high interest rates. In addition, most home remodeling businesses don’t offer design services so competition in the remodeling/design sector is lower than average.
A new owner can take this business to the next level by adding more light commercial services. Currently, they cater to the residential market.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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