This remotely operated commercial remodel and
renovation business is working for repeat, long tenured
clients across the United States, such as Leslie Pools and
Michaels! Established in 1993, they have high levels of
repeat customers and referral-based work. There is a
strong backlog for 2024 and there is no self-performing
labor! With their clients and contractors across the
country, they utilize a vetted group of regional contractors
that they have had for many tenured years. This business
is fully relocatable and can be managed from anywhere,
the owner handles project oversite and client relations.
The seller is looking to retire, but to make the transition
process as easy as possible, he has offered a training
period of up to 1 year for a new owner, plus he is willing to
carry a 15% promissory note. The W2 staff consists of 1
office administrator and 1 supervisor. Although there is no
inventory to manage, the seller does have equipment and
vehicles used for minor alterations – these assets have
been valued at $192,527 resulting in a very low capex!
Priced at $1,495,000, a 10% down payment of $149,500
returns $340,314 in the first year after debt payments! A
227% return on investment! This business would be an
ideal opportunity for a new entrepreneur looking to buy a
business with tenured established, no equipment needed.
This could also be a good fit for a strategic buyer wanting
to expand their geographic client base or expand into the
commercial space. Either way, with their long-standing
reputation for customer service and flexibility, extensive
growth opportunities, and streamlined operation this
business has an excellent foundation to expand upon.