Profitable Kitchen & Bath Remodeling and Water Remediation Business

Asking Price$1,200,000

Cash Flow
$283,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$584,000

Inventory$3,000
Included in asking price
FF&E$61,000
Included in asking price
Real EstateNot Disclosed

Renovated KitchenSave

Profitable Kitchen & Bath Remodeling and Water Remediation Business


Asking Price$1,200,000

Cash Flow
$283,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$584,000

Inventory$3,000
Included in asking price
FF&E$61,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
This diversified and established construction business operates on a lean, asset-light model. Materials are purchased per product, keeping inventory low. The business also can be managed from a home office or a small leased space, keeping overhead expenses low. The business has a proven track record of quality remodels of kitchens and bathrooms, basements, as well as water damage remediation. The business utilizes specialty sub-contractors and oversees each project from conception to completion. This turn-key, established business offers immediate income, respected brand identity, and growth potential in a thriving market.
About the Business
Years in Operation
6
Number of Employees
1
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
This is an asset-light business. All inventory is pre-paid, except for excess inventory left after jobs are finished. The assets included in a sale would be two trucks, assorted tools, dehumidifier equipment and a limited amount of inventory.
Market Outlook / Competition
The business thrives on a growing residential market in a metropolitan area of Colorado. Most customers are middle to upper income homeowners. Demand is driven by an aging housing stock, lifestyle upgrades, and an influx of new homeowners. Customers demand design expertise, product knowledge, high-quality craftsmanship, and professional, efficient project management from start to finish. Most competitors focus on fast in-and-out remodels without the attention to detail that this business is known for.
Opportunities for Growth
Hiring additional sales staff and project managers would dramatically increase capacity. Increasing the service area would also offer increased business volume. The water damage remediation business also offers high margins and excellent growth potential.
About the Sale
Seller Motivation
The seller owns another business in an unrelated industry which demands his full
Transition Support
6 weeks included with purchase price, with consulting possible by agreement between buyer and seller.
Financing Options
10% seller financing is offered in order to help secure an SBA acquisition loan.
Listing Info
ID
2407813
Listing Views
122

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Business Listed by: John Hornblower VR Business Brokers of Aspen/Snowmass, CO

Listing ID: 2407813 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.