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- RE: Cash Flow Strong Home Remodeling Company
- Contact: Karin Neumann
Quick Facts
Asking Price: | $7,870,000 | |
Annual Revenue: | $20,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,340,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 60 | |
BBN Listing #: | 983224 | |
Broker Reference #: | 1492-2061 |
Business Overview:
This well-known award-winning Home Remodeling Company, specializing in kitchen, bath and home addition design and build, is located in the Northern Virginia area. The firm enjoys significant operating margins and documented profitability.
The company has been fully reviewed and conservatively appraised by an accreditednational valuation firm at 3.9 x EBITDA (ttm). A full valuation report is included and there is $3,000,000 in Net Working Capital plus another $1,150,000 in Fixed Assets included in the deal.By implementing the proposed deal structure an owner operator will obtain more than $830,000benefit in after-acquisition-debt cash flow in Year #1 – over 50% return on equity investment.
A comfortable transition period will be provided by the owner who truly wants to seethe business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in allaspects of the business.
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Property Features and Assets:
This business currently operates from a sizable showroom with office space, which provides a strong base of operations for all aspects of the business and plenty of room for growth.
Market Competition and Expansion:
The company has a great reputation by having operated the business in this region for over 30years. This company has won many industry awards, and broad marketing efforts over the many years have built significant name & brand recognition. This company is a market leader in its business sales process by leveraging its buying power.
The Company has significant growth potential in the existing market - aggressive marketing efforts, team expansion and a broader reach could grow the top line by 15% or close to $25M. It is projected that a new owner could obtain additional growth by expanding the service region and adding a second location that could result in additional revenue of up to 25% in year 1 and 50%+in 3-5 years.
Reason for Selling:
Retirement (consulting available)Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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