Hot Listing
Kitchen Remodeler with Incredible Reputation, Basking Ridge NJ
Business Description
Collect Most of Your Contract Up Front - Kitchen & Bath Remodeler
This established design-build contracting firm, founded in 2010, specializes in high-end residential remodeling services with primary focus on kitchens, bathrooms, and entertainment spaces. The company operates as a full-service contractor serving the affluent Basking Ridge, New Jersey market and surrounding areas.
BUSINESS OVERVIEW:
The firm targets the premium residential market, specifically professionals with project budgets exceeding $200,000 who have relocated from metropolitan areas seeking enhanced lifestyle opportunities. The company maintains a disciplined focus on established residential properties (95-99% of projects) with selective engagement in new construction (1-5%). Average project values range from $75,000 to $100,000, positioning the business in the high-value segment of the residential remodeling market.
FINANCIAL PERFORMANCE:
The company demonstrates consistent operational performance with average annual revenue of $3,733,907 and Seller's Discretionary Earnings of $360,522, representing an 8% cash flow margin over the 2022-2024 period. This financial stability reflects established market presence and effective project management capabilities.
OPERATIONAL STRUCTURE:
The organization employs seven personnel, including two owner-operators, providing comprehensive project management and construction services. The company has developed systematic processes for concierge-level client service delivery, contributing to strong market reputation and customer retention.
GROWTH OPPORTUNITIES:
Significant expansion potential exists through enhanced digital marketing initiatives, including targeted SEO and social media campaigns. Additional revenue diversification opportunities include photo-realistic rendering services, projected to generate $1,000-$2,000 per project. The company maintains strategic community relationships through charitable partnerships, providing access to key demographic segments. This company collects over 75% of the job before having any funds at risks enabling a new owner to grow exponentially without going to the bank for working capital.
This acquisition opportunity represents an established market position with proven financial performance, experienced workforce, and clear pathways for operational expansion and revenue growth.
BUSINESS OVERVIEW:
The firm targets the premium residential market, specifically professionals with project budgets exceeding $200,000 who have relocated from metropolitan areas seeking enhanced lifestyle opportunities. The company maintains a disciplined focus on established residential properties (95-99% of projects) with selective engagement in new construction (1-5%). Average project values range from $75,000 to $100,000, positioning the business in the high-value segment of the residential remodeling market.
FINANCIAL PERFORMANCE:
The company demonstrates consistent operational performance with average annual revenue of $3,733,907 and Seller's Discretionary Earnings of $360,522, representing an 8% cash flow margin over the 2022-2024 period. This financial stability reflects established market presence and effective project management capabilities.
OPERATIONAL STRUCTURE:
The organization employs seven personnel, including two owner-operators, providing comprehensive project management and construction services. The company has developed systematic processes for concierge-level client service delivery, contributing to strong market reputation and customer retention.
GROWTH OPPORTUNITIES:
Significant expansion potential exists through enhanced digital marketing initiatives, including targeted SEO and social media campaigns. Additional revenue diversification opportunities include photo-realistic rendering services, projected to generate $1,000-$2,000 per project. The company maintains strategic community relationships through charitable partnerships, providing access to key demographic segments. This company collects over 75% of the job before having any funds at risks enabling a new owner to grow exponentially without going to the bank for working capital.
This acquisition opportunity represents an established market position with proven financial performance, experienced workforce, and clear pathways for operational expansion and revenue growth.
About the Business
- Years in Operation
- 15
- Number of Employees
- 8
- Facilities & Assets
- The Company shares space in the Works building. They have high
visibility signage, plenty of parking, an extra parking area for the vans and
a small dumpster. - Market Outlook / Competition
- The Company targets a 25-mile radius around Basking Ridge and Bernards Township. Their customers are single-family homeowners aged 40-60 and earning $200,000+. These are affluent professionals seeking to
renovate and stay long term in their homes. They are renovating to personalize their homes, not to flip.
Families left NYC en masse after Covid for Bernards Township's lifestyle and schools. The flood of new families represents a great opportunity to engage new customers ready to personalize their new houses. - Opportunities for Growth
- The Owner recommends:
Hiring 1 additional designer/sales people and 1 installer to initiate and support growth. Or promote the existing designer to general manager and hire 1-2 additional designer/sales people.
Purchasing a project management software like BuilderTrend
Developing a targeted SEO and social media plan.
Investing a photo-realistic rendering service could generate an additional $1,000-$2,000 per project.
The above three could be accomplished with approximately $175,000.
A general manager at $75,000 will be required to replace the Owners.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,100
- Rent
- $1,187.00 per month
- Lease Expiration
- 3/30/2027
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- As Negotiated and as Needed
- Financing Options
- Some Seller Financing 10% May be Considered
Listing Info
- ID
- 2402203
- Listing Views
- 338
Listing ID: 2402203 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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