Highly Established Home Renovation Business - Premium Client Base
Asking Price: | $1,249,000 |
Gross Revenue: | $4,147,248 |
Rent: | $7,400 |
Established Year: | 2000 |
Cash Flow: | $451,202 |
Inventory: | $24,700 |
FF&E: | $58,560 |
Well-established home renovation and design center known for exceptional craftsmanship and customer satisfaction. The business offers a comprehensive range of services, including premium flooring, custom window treatments, and full-service kitchen and bathroom remodeling. Operating for over 17 years, it enjoys a prime, high-traffic, highly accessible location, offering excellent visibility and consistent foot traffic.
The business is supported by an experienced management team, including a general manager who oversees daily operations, a bookkeeper managing financial tasks, and a skilled sales and warehouse team. Additionally, an experienced co-owner plays a critical role in managing daily operations and customer interactions, ensuring the smooth execution of projects and high client satisfaction. A new owner would need to replace the co-owner's role in daily management, but the primary owner is willing to remain involved in some capacity to provide continuity and support, focusing on external relations, supplier partnerships, and community outreach.
Preliminary 2024 financial data indicates an upward trend, suggesting stronger performance compared to 2023. With its well-established structure and exclusive supplier relationships, this business presents an excellent growth opportunity for new ownership.
Ideal Buyer Profile: This business is best suited for buyers who meet one of the following criteria:
• Current B License Holders: Licensed general contractors can step in immediately and benefit from the established goodwill and operational setup.
• Specialty C License Holders: Contractors with specialty licenses (e.g., C-10, C-15, or C-36) may have the experience needed to qualify for a B license with CSLB. A straightforward path to licensure can help you expand your capabilities and take advantage of this business’s opportunities.
• Experienced Candidates: Buyers with significant construction management or hands-on remodeling experience may qualify for expedited B licensure through education or verified work history.
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