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Asking Price: $715,000

Interior Remodeling with Cabinet Fabrication

Lincoln, NE
Lancaster County

This leading home remodeling business was established in 1992, and is situated in the heart of Lincoln, Nebraska. Catering to the needs of Lincoln and its surrounding communities within a 30-mile radius. They offer an extensive range of services including kitchen and bathroom remodeling, additions, home interior finishes, flooring, design/ fabricationand installation of cabinetry, and virtual reality walk-throughs.The company’s service breakdown consists of 90% remodels and additions, with the remaining 10% dedicated to finished carpentry projects. Primarily serving two clientele groups: general contractors and homeowners. The business operates from a spacious 3,500 square feet, two-story building. The first-floor houses storage and a workshop area while the second floor boasts a finished office space. The staff consists of onecarpentry professional and subcontractors for project management, base and finished carpentry. The owner iscontemplating a career change, leading to the decision to sell. The transition period for the new owner can range from 6 months to 1 year depending on their preferred level of involvement. Owner spends approximately 20 hours per week managing financial oversight, completing quotes/bids, coordinating subcontractors, and performing site visits. Priced at $715,000, a 10% down payment of $71,500 returns $236,167 in the first year after debt payments! Growth opportunities include expanding the service area, development of proprietary tools, and implementing a marketing strategy.

Cash Flow $343,067
Revenue $1,304,792
$ Owner Financing Available

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