High Value Home Remodeling and Renovation

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High Value Home Remodeling and Renovation
Asking Price:
$250,000

Gross Revenue:
$704,768
Cash Flow:
$119,071
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$130,000
included in asking price

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Business Description

This design and remodeling operation has been in business in the area for over 10 years and during that time has built a reputation for being one of the best, especially for high end residential homes.

The company works with the owner to learn what they are looking for, then takes that concept and has the ability to do a full computer generated design of whatever area of the home that is being worked on. These designs can be easily changed throughout the process until the customer is satisfied. The business also has relationships with interior designers that can help if necessary with furniture, draperies, etc. Once the design is set the company begins the work and takes the project to completion in as little time as possible.

About the Business

Year Established:
2007
Number of Employees:
5 FT
Real Estate:
Leased
Facilities:
The business is located in an industrial strip center that fits its needs well. There is an office/showroom area in the front of the space and a warehouse facility in the back. The office/showroom area is set up to let customers come in and view the designs on a large monitor and see any necessary changes that are made. The warehouse area is a convenient place to store all of the equipment and other assets used on projects.
Market Outlook/
Competition:
There are numerous competitors in the area where the business operates, although there are very few that offer the same service and quality. The seller generally sticks to higher end clientele and has been able to separate this business from others based on customer satisfaction and accolades received.
Growth & Expansion:
There is a great deal of growth potential for this business. The current owner wishes to continue on with the business in a sales and design capacity. Once he only has to focus on these two areas and is freed up from the scheduling and management of the projects, it will bring immediate top line growth to the company.
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About the Sale

Reason For Selling:
The seller wishes to continue with the business in a sales and design capacity.
Training/Support:
Will train for 2 weeks @ $0 cost.
There are no special licenses required to own and operate this company but knowledge of building processes and techniques would be helpful for a
buyer.

Listing Info

ID:
1463101
Ad Detail Views:
465

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months
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Business Listed by

David Hamm

Murphy Business and Financial

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Sponsoring Broker:

Dan Machnicki
Murphy Business and Financial

U.S. Census Data for Missouri
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Missouri
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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