In-Demand Design-Build Remodeling Contractor

Cabarrus County, NC
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Asking Price:$899,000
Gross Revenue:$2,848,562
FF&E:$110,000
Cash Flow:$341,576
Rent:$3,000/Month
Established Year:2001
BUSINESS DESCRIPTION

Process Driven - Scalable

Founded in 2001, this firm has become synonymous with top-tier craftsmanship and exceptional service. Specializing in major interior renovations, bath and kitchen remodels, and custom interiors, this firm caters to homeowners seeking luxury and functionality.

Success is not left to chance but driven by processes honed over years of experience. Even with industry-standard turnover over the past four years, this firm has thrived, consistently delivering award-winning projects thanks to its process-driven approach.

Key Points:
• One-stop remodeling experience with a newly renovated design center.
• Membership in NARI with numerous awards, validating its excellence.
• Average of 35 projects annually, with a focus on high-income clientele.
• Consistent revenue growth, reaching $2,848,562 in 2023.
• Strong gross margins and repeat business, reflecting customer satisfaction.
• Established relationships with subcontractors and vendors, maximizing revenue opportunities.

With a staff of 11 and a database of customers and prospects, this firm is poised for expansion. The sale includes assets worth approximately $110,000, including 5 vehicles, offering a seamless transition for the new owner. This opportunity is positioned for a bolt-on or someone with industry experience to capitalize on its reputation and move the business forward.

Family and health obligations signal a new chapter for the current owner, offering a chance for someone to infuse fresh energy and passion into the business.


DETAILED INFORMATION
Location
Cabarrus County, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,500
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located in a beautiful building with a clean, bright, organized showroom for customers to visit and see who they are working with. The office is highly visible and one block off of a major retail corridor near the interstate, hospital, mall, and a beautiful downtown area. Long-term lease is available.
Competition
The firm operates in a competitive environment but differentiates itself by being a design-build general contractor with defined processes that operate the business. With high marks in customer satisfaction and service delivery and the firm's 4.8-star customer satisfaction ratings across social media, it is easy to see how the firm stacks up vs. the competition.
Growth & Expansion
The quickest way to grow the business is to expand the marketing plan to become a regional remodeling firm. Adding services is another option for growth. Easy service add-ons would include: - Window and Doors - Roofing / Siding - Handyman services
Support & Training
30 days active, 30 days email, text, and phone.
Reason for Selling
Owner and family health concerns.
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Fred
Sussman
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Fred Sussman