Custom Home Renovation Contractor
| Asking Price: | $375,000 |
| Gross Revenue: | $1,000,000 |
| Cash Flow: | $125,000 |
| Established Year: | 1998 |
Excellent reputation in a high-demand geography
This is a turnkey opportunity with the seller offering to assist a new owner with the ownership transition.
Company characteristics:
Ø Company started in 1998 and has built strong customer relationships
Ø Offers custom carpentry from a built-in cabinet to kitchen, bath or basement remodeling to additions
Ø Consistent annual sales reaching $1,100,000 in 2022 and expected $1,000,000 for 2023
Ø Revenue a mix of residential, some institutional and occasional commercial work
Ø Skilled crew stays with a job from start to finish, handling all tasks needed to complete it
Ø Customers and employees expected to remain with a new owner
Ø Lease of 2500 sf commercial property for material and equipment storage and office space can transfer
Ø Inventory and 4 vehicles are included in the sale price
Ø Reasonable Seller expectations for the purchase price and transaction terms
This is an excellent opportunity for a strategic buyer who desires to expand through acquisition or an individual who desires to own an established profitable business with strong momentum and a solid customer base.
The owners have decided to sell this successful business to move closer to family out of state.
