Cash Flow Strong Home Remodeling Contractor
Business Description
This well-known Home Remodeling Company has provided reliable and high-quality remodeling services to the Long Island region for over 30 years. The company performs complete home remodeling from project design to build. The company has experienced stable revenues and enjoys high operating margins with documented profitability.
The Company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.3x EBITDA (2024). A full valuation report is included, and there is $225,000 in Net Working Capital plus another $610,000 in Fixed Assets included in the deal. The business is pre- qualified by an SBA lender, subject to the buyer’s financials, and by implementing the proposed deal structure, an owner-operator will obtain almost $600,000 benefit in after-acquisition-debt cash flow in Year #1, over 60% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
The Company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.3x EBITDA (2024). A full valuation report is included, and there is $225,000 in Net Working Capital plus another $610,000 in Fixed Assets included in the deal. The business is pre- qualified by an SBA lender, subject to the buyer’s financials, and by implementing the proposed deal structure, an owner-operator will obtain almost $600,000 benefit in after-acquisition-debt cash flow in Year #1, over 60% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
About the Business
- Years in Operation
- 30
- Facilities & Assets
- This business currently operates from a 3,000 sq. ft. modern showroom with ample office space plus a 4,000 sq. ft. workshop/ warehouse. The showroom with office space is available for purchase with the business under separate agreement.
- Market Outlook / Competition
- The Company enjoys a competitive advantage by leveraging its impeccable reputation, desirable location, impressive showroom, and proven process, culminating in significant name and brand recognition. This is a turnkey operation with experienced management and dedicated personnel in place.
- Opportunities for Growth
- It is projected that a new owner will obtain additional growth by expanding the direct sales and marketing efforts with an investment of $150,000 to $250,000 per year – an accelerated revenue growth rate under such premise is projected to be 10% to 20% per year.
About the Sale
- Seller Motivation
- Retirement (consulting available)
- Transition Support
- A comfortable transition period will be provided by the owner who truly wants to see the 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 all aspects of the business.
- Financing Options
- $1.0m Seller financing plus $2.9m Bank financing subject to buyer qualification
Listing Info
- ID
- 2415945
- Listing Views
- 8
Listing ID: 2415945 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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