Remodeling, Seller Relocating - NO REASONABLE OFFER REFUSED!

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NO REASONABLE OFFER REFUSED! Profitable Remodeling business
Asking Price:
$165,000

Gross Revenue:
$319,458
Cash Flow:
$80,452
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$23,500
included in asking price

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Business Description

Make your best offer on this 42 year old company that is still growing. Owner is VERY motivated to sell, and needs to relocate out of state ASAP. Priced to sell.

- 2018 Revenue is more than $300,000. Take it to the next level.
- 2019 Revenue is over $200,000 as of August.
- Very strong cash flow for an interior remodeling company in southern Wisconsin.
- Owner will stay on for an extended time to train.
- Large, beautiful showroom, displaying many brand name fixtures, tiles, and many products.
- Showroom and office spaces boast over $400,000 in recent build-out and leasehold improvements.
- Plenty of office space available for additional growth.

- Business provides full-service build outs for commercial, residential and new construction of all essential areas.
- Specializing in elderly accessible bathroom retrofits. More elderly continue to live at home than ever before, and it is growing every day.

*Owner works in the business part-time and only does estimates, and makes a few deliveries of product and supplies. The owner must relocate out of state ASAP!

About the Business

Location:
Wisconsin
Year Established:
1982
Number of Employees:
1
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
7,800
Rent:
$3,600.00 Per Month
Facilities:
The business is located in a 7,800 sqft warehouse/showroom/office space that is underutilized. Landlord is motivated to negotiate long-term lease. The front showcases a beautifully laid out showroom of tile, and bathroom/kitchen fixtures. Plenty of spacious office space available for growth. Ample warehouse space for overstock, inventory, and a shop.

The seller has been in the construction industry for over 45 years. Business has been in operation for over 40 years in multiple locations throughout Milwaukee County.
Market Outlook/
Competition:
Only one competitor in general area of the same type of business scope. This business wins head to head bid every time.
Growth & Expansion:
Current owner only has small amount of advertising on the radio, and makes personal contact with potential commercial clients on a limited basis. By utilizing additional internet advertising resources, and attending trade shows could prove to be a good use of marketing dollars.
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About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks
Seller Financing:
95000.00

Listing Info

ID:
1515598
Ad Detail Views:
1691

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Business Listed by

Eric Stewart

Transworld Business Advisors of Milwaukee
License# 85235-94

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