Design & Build Remodeling Business

Full-Service Remodeling & Interior Design Contractor & Showroom

Profitable, full-service, home remodeling, residential design, & construction business specializing in “green” products & building materials. Design showroom in Noe Valley, with cabinets, countertop tile, & other samples on display. A reputation for excellence for 39 years.
Serving the San Francisco Bay Area, this business is a superb design-and-build remodeling and interior design contractor, with a comprehensive retail showroom and design studio in a prime commercial area. They specialize in kitchen and bathroom remodeling, interior design, whole-house remodeling and additions, residential and commercial general contracting, construction services, and complete design-build project management. Customer satisfaction is extraordinary, earning them a 5-Star Yelp rating.

The current owner acquired the business 15 years ago from the original owner; it has operated for 39 years with a sterling reputation for excellence. Customers meet with the staff in a comfortable, appealing setting with sample displays of products, from cabinets, to flooring, to fixtures, and more.
They have several custom cabinetry lines with samples. With a dedicated cabinet salesperson, this part of the business could grow dramatically. Because they maintain a showroom, they get discounts of 40%, leaving a lot of profit margin. There is no inventory to maintain because cabinets are only ordered when purchased by the customer, with a deposit covering cost.

The business enjoys consistent sales, fueled by returning customers and enthusiastic referrals. The majority of their work comes from referrals and word of mouth.

Staff: All 1099 sub-contractors; combination of full-time (including one working owner) and part-time; most have been with the company for 10 to 15 years.
Financial Data: Gross Sales Revenues for the past two years (“post-Covid”) have been about $800,000 per year. Sales pre-Covid were significantly higher (See “Reason For Sale,” above.) Seller’s Discretionary Earnings (SDE) are estimated at about $90,000 annually.
Fair market replacement cost of furniture, fixtures, & equipment (FF&E) is estimated at $50,000.
Upon discussion with the seller, a serious buyer will be provided access to all financial data for the past several years, and, during due diligence, will have full access to all tax and bank records as well as all data to verify actual EBITDA and Seller’s Discretionary Earnings (“SDE”).

The Transaction: The seller is open to all reasonable offers and terms; the seller will make adjustments as appropriate or necessary to assure completion of work in process at the time of the business transfer. The business is being offered for $189,900, approximately 25% of annual sales, including all assets except accounts receivable, cash-on-hand, leasehold security deposit, and re-saleable inventory. This is for the entire business— tangible assets: tools, tooling, fixtures, apparatus; intellectual property: website, trademark(s), logo(s), highly-valuable trade name(s), methods of operation, vendor/supplier resources, customer lists, etc.; sales backlog; good will. It does not include cash, accounts payable, accounts receivable, or security deposits. Materials Inventory (if any) is extra at actual cost.

Exclusive Broker: Tim Cunha, J.D., Cal. DRE #01919755