Cash Flow Strong Home Remodeling Company
Virginia
| Asking Price: | $7,870,000 |
| Gross Revenue: | $20,100,000 |
| FF&E: | $1,150,000 |
| Cash Flow: | $2,340,000 |
| Inventory: | $3,000,000 |
| Established Year: | 1995 |
Listing ID: 2318374Listing provided by BizBuySell
BUSINESS DESCRIPTION
This well-known award-winning Home Remodeling Company, specializing in kitchen, bath and home addition design and build, is located in the Northern Virginia area. The firm enjoys significant operating margins and documented profitability.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.9 x EBITDA (ttm). A full valuation report is included and there is $3,000,000 in Net Working Capital plus another $1,150,000 in Fixed Assets included in the deal. By implementing the proposed deal structure an owner operator will obtain more than $830,000 benefit in after-acquisition-debt cash flow in Year #1 – over 50% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
DETAILED INFORMATION
Location
Virginia
Inventory
Included in asking price
Employees
60
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business currently operates from a sizable showroom with office space, which provides a strong base of operations for all aspects of the business and plenty of room for growth.
Competition
The company has a great reputation by having operated the business in this region for over 30 years. This company has won many industry awards, and broad marketing efforts over the many years have built significant name & brand recognition. This company is a market leader in its business sales process by leveraging its buying power.
Growth & Expansion
The Company has significant growth potential in the existing market - aggressive marketing efforts, team expansion and a broader reach could grow the top line by 15% or close to $25M. It is projected that a new owner could obtain additional growth by expanding the service region and adding a second location that could result in additional revenue of up to 25% in year 1 and 50%+ in 3-5 years.
Financing
$1m Seller financing plus $5.3m Bank financing subject to buyer qualification
Support & Training
A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
Reason for Selling
Retirement (consulting available)
Report an Issue with this listing
