Project Management & Design Layout For Homes

Business Overview:

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. With higher interest rates, less people are moving – demand for remodel is up! Thededicated team includes: two carpenters, one designer, one marketing professional, and one bookkeeper. The owner is active, providing leadership, overseeing estimates, and meeting with his team. The owner does NOT do any design work or labor. 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 $985,000, a 10% down payment of $98,500 will return $162,829 in the first year after debt payments! A 165% return on investment! Their full-service approach covers all aspects of interior design, including bathroom remodeling, cabinet installation, and home design.

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Property Features and Assets:

Assets Included in Purchase: $454,576

Market Competition and Expansion:

Growth Opportunities: Adding more staff members to handle the influx of work.

Reason for Selling:

Additional Details:

Documents:

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