Reputable Design Service and Home Remodeling! (17889)

Asking Price$529,000

Cash Flow
$189,096

EBITDA$176,294

Gross Revenue$1,178,216

Inventory$20,000
Included in asking price
FF&E$200,000
Included in asking price
Real Estate$1,300,000
Not included in asking price
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Reputable Design Service and Home Remodeling! (17889)


Asking Price$529,000

Cash Flow
$189,096

EBITDA$176,294

Gross Revenue$1,178,216

Inventory$20,000
Included in asking price
FF&E$200,000
Included in asking price
Real Estate$1,300,000
Not included in asking price

Seller Financing Available
Business Description
Gorgeous area near Penn State in Central Pennsylvania! This business offers specialized design and layout services for building contractors and residences. Custom flooring and remodeling installations are provided for the home with a focus on kitchen and bathroom. Well-established with over three decades of experience in outsourced quality products that allow opportunities for scalability, the company provides all types of flooring with a strong presence in tile, custom cabinetry, countertops. Revenues for 2023 reached $1,178,216 alongside Discretionary Earnings $189,096. The prime storefront location measures nearly 10,000 square feet including private offices, warehousing space, 4 garage bays, about 4,400-sq.ft. of showroom space and a 16’ x 30’ storage shed with garage doors. The property is surrounded by a parking lot and found in excellent condition, with the option to lease or purchase. As an owner-operated company with subcontracted installers and two part-time workers most likely to stay post-purchase, Seller is available for a reasonable transition under an employed contract. Currently choosing which projects to receive with a lower focus on commercial gigs (up to ten daily), involved Buyer can take business to the next level by expanding workforce to accept each bid and more job requests in the commercial sector. Besides their maintained website and verbal referrals from a large, repeating client base, minimal marketing efforts bring in potentials to maximize outreach through social media engagements and aggressive advertising. Company benefits from longtime customer relations, an extending product catalog via their manufacturers, and capabilities to streamline ongoing processes, giving it a strong command over this fast growing industry! Priced to sell with an impressive portfolio, this opportunity won’t last long, contact IAG Today!
About the Business
Years in Operation
37
Employees
2
Facilities & Assets
Business is Owner-Operated with subcontracted installers and 2 part-time workers. Inventory ranges from $15K to $20K on average. Property is available for optional purchase or lease.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
10,000
About the Sale
Seller Motivation
Allow Buyer to fulfill exposition.
Transition Support
Owner available for reasonable Transition under an employed contract.
Financing Options
Negotiable up to 20% for the right buyer.
Listing Info
ID
2089878
Listing Views
602

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