Design And Build Residential Commercial Construction Company For Sale

Highlands, NC
Home Design and Contruction
Asking Price:$950,000
Gross Revenue:$5,000,000
Rent:$9,000
FF&E:$500,000
Cash Flow:$400,000
Inventory:$40,000
EBITDA:$400,000
Established Year:2009
BUSINESS DESCRIPTION

Design | Build Full Remodeling, Kitchen | Bath, Countertops, Metalworks, Cabinetry, Lighting, Tile Beautifully designed. Perfectly detailed. Established Business with full shops & showrooms.
The Business has three separate showrooms, a Granite showroom and shop, A cabinet showroom & a Main Design Showroom Building. The business serves the local area on interior remodeling of kitchens and bathrooms as well as whole home remodels. The business also does lots of commercial work for area Country clubs, Restaurants & hotels.

The business is located in an upscale community with many homes valued over 1 million.
Many of the homeowners are summer residents, although the local population is increasing, many people are deciding to live in this community year-round.

Buyer should have a contractor's license or be an experienced interior home designer...


DETAILED INFORMATION
Location
Highlands, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,000
Lease Expiration
28/01/2027
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1. This business has a main showroom building on the major roadway in and out of the area and has a beautiful 2 bedroom 2 bath apartment upstairs. 2. They also have a granite shop building on the same roadway complete with cutting tables, experienced employees, and $40,000 of stone slabs out front on display which attracts many walk-in customers. 3. They have another building off the same roadway which is a cabinet & tile showroom. 4. There is another carpentry shop in an industrial complex nearby. 5. They also have a building, welding shop business.
Competition
The business is a well-known business in the area which services local country clubs, small businesses, walk in small home remodeling projects as well as complete home remodel jobs.
Growth & Expansion
There is a lot of opportunity for growth, the sellers have been turning down smaller jobs because of the demand for large home remodel projects.
Financing
Seller will consider financing with $600,000 down payment and buyer having experience
Support & Training
Seller acknowledges they need to assist buyer during transfer and are offering assistance a needed and consulting for the near future. There are lots of future work planned which are under contract.
Reason for Selling
Retirement
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Rick
Maerkle
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Rick Maerkle