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- RE: Kitchen, Bath, And Home Remodeling Company
- Contact: Warren Davis
Quick Facts
Asking Price: | $495,000 | |
Annual Revenue: | $700,655 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $219,358 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 1 | |
BBN Listing #: | 945400 | |
Broker Reference #: | 1313-18346 |
Business Overview:
Established in 1995, this is a full-service residential renovation company focusing on bathrooms, kitchens, additions, and repairs. Excellent reputation for delivering quality workmanship, timely delivery, and very competitive pricing. With a strong, loyal, high net worth clientele, the company is successful via word-of-mouth referrals that continue to expand, growing the business along with it. Marketing is minimal through an internet presence, website, and worksite yard signs which leaves a tremendous opportunity for expansion and growth. Company structure consists of the owner who designs and bids projects and manages financial operations, yet relies on a group of 30 independent subcontractors to execute the projects. Each subcontractor has been identified and developed by the owner to ensure the level of excellence expected.
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Property Features and Assets:
Business operated out of a home office. Therefore, the buyer will be able to relocate the associated documentation to a location of their choosing.
Market Competition and Expansion:
Competition from local contractors engaged in similar activities.
Growth opportunity lies in expanding advertising and marketing. Owner and the subcontractors have a reputation for quality and timely services. Yard signs and referrals have also been a source for name recognition. Adding a dedicated sales professional to promote the business and its reputation will expand the recognition and resulting projects.
Reason for Selling:
Owner to retire.Additional 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
Relevant Links:
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