Established, Profitable Home Improvement Business
Business Description
: This business was opened in 2018 and the current owner is selling due to retirement. Currently has 5 employees and a network of trade partners to rely on. The company has been consistently profitable for many years. The company has an excellent reputation with good referral sources and lots of repeat business.
The company focuses on high-ticket renovations especially kitchen and bath remodeling. These projects historically provide the highest return on investment for homeowners. Kitchen and bath renovations are part of a 600 billion dollar industry. The US housing stock is older than at any time ever recorded, and high interest rates combined with older homes incentivize homeowners to remodel their homes rather than move, increasing home improvement spending.
The company focuses on high-ticket renovations especially kitchen and bath remodeling. These projects historically provide the highest return on investment for homeowners. Kitchen and bath renovations are part of a 600 billion dollar industry. The US housing stock is older than at any time ever recorded, and high interest rates combined with older homes incentivize homeowners to remodel their homes rather than move, increasing home improvement spending.
About the Business
- Years in Operation
- 7
- Facilities & Assets
- Highly visible and accessible design center located on busy
- Market Outlook / Competition
- New Hanover County in North Carolina is one of the highest growing areas in the country, with many affluent retirees and professionals moving to the area for the beaches and high quality of life. The service area has a population of over 328,000.
- Opportunities for Growth
- This is a beautiful area of the country that continues to attract many affluent retirees. The continuing growth in the area is due to the quality of life along with the population exodus from high-cost northern states. These trends will help fuel business growth going forward.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Training and support provided
- Financing Options
- TBD
Listing Info
- ID
- 2431250
- Listing Views
Listing ID: 2431250 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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