Cash Flowing Residential Remodeling Business
Asking Price: | $449,000 |
Gross Revenue: | $436,712 |
FF&E: | $8,500 |
Cash Flow: | $165,351 |
EBITDA: | $105,351 |
Established Year: | 2007 |
We are pleased to offer for sale, this well-established, award-winning, 17-year-old family owned and operated residential design & renovation company. It was incorporated in 2007, by its current owners and is has been owned and operated by them since its inception. They are focused on working hard to meet their customer demand and exceed their customer satisfaction goals while establishing a strong relationship with their customers, contractors, manufacturers, and suppliers.
Over the past three years, this company has generated relatively solid revenues of $420K in 2021, $473K, 2022, $437K in 2023, and it has generated cashflows of between of $119K, $163K, and $165K, respectively. Year 2024, through May, is off to a strong start and they are on track to fetch revenues of approximately $480K and generate cashflow of approximately $185K.
This company offers remodeling from the floor to the ceiling, and anything in between to assist their clients in achieving their “dream homes”. They renovate and modernize homes, room additions or convert garages, or attics into impeccably designed livable spaces. This full service remodeling firm handles everything from concept to completion, and can tackle any remodeling, in between, with high customer satisfaction.
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