Great opportunity to purchase established full-service home remodel co

Marion County, IN

Seller Financing Available

Kitchen Remodel
Asking Price:$1,100,000
Established Year:1993
Gross Revenue:$2,339,000
BUSINESS DESCRIPTION

Great opportunity to purchase an established full-service home remodeling company with a 30-year history of success. They serve the following IN Counties: Marion, Hamilton, Hancock, Johnson, Boone, Hendricks and Madison counties. They will travel for new and existing customers for up to approximately 45 minutes from Indianapolis downtown monument circle… this encompasses all of Marion County and parts of all the other counties mentioned.

Current ask price is $1.1 million. Owner will consider financing up to 20% of the sale price subject to approval. The owner is also flexible and is willing to consider staying on for a period of time, depending on the needs of the buyer, to not only assist with the transition, but also to assist in the future success of the company that they built.

The company currently has 12 employees. 10 FT and 2 part Time The company has a solid reputation that has a history of exceeding quality expectations. The company’s reputation length of time in the market yields a steady stream of referrals and new business. Our experience and expertise extend from complete bathroom remodeling to full-scale custom residential construction. Employees have the knowledge and skill to complete the entire project.

The Company focuses on the design, construction, and installation of the following:

Bathroom design and remodeling
Kitchen design and remodeling
Room additions and second story additions
Historic renovation

Multi-room, large-scale renovations

Siding, Doors & Windows

Decks

This company separates itself from the competition and from other residential builders and remodelers in that the actual work is done by its own employees, not subcontractors – it focuses on providing a “turn-key” service. Owning the crews enables them to manage projects more effectively, to better control quality, and to maintain important project timelines.


DETAILED INFORMATION
Location
Marion County, IN
Inventory
Not Included in asking price
Real Estate
Leased
Employees
12
Facilities
Office available for rent. rates attractive and negotiable.
Competition
Limited competition in the area that can match the reputation and quality of this company.
Growth & Expansion
Room for growth to expansion into commercial. Owner has had as much consumer home remodeling business with a backlog. But new owners have plenty of room to grow and consider commercial.
Financing
Can be flexible, would require majority of the purchase to be paid in cash or through
Support & Training
Owner is flexible. Will to stay on to assist. Negotiable.
Reason for Selling
retiring
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George
Gianares
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George Gianares