Luxury Home Renovation company - 25 yrs in business - *SALE PENDING*

Calgary, AB

Seller Financing Available

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Asking Price:$575,000
Inventory:$100,000
FF&E:$200,000
Gross Revenue:$3,000,000
Rent:$8,000/Month
Established Year:1998
BUSINESS DESCRIPTION

Established home renovation company available. Specializing in Custom Kitchens, Bathrooms, Basements and Additions. Very well known respected name with 25yrs in the industry! Over $1.5M runway of work signed & booked plus $300K+ of equipment, vehicles and inventory included. In-house cabinet making (equipment included in above numbers) sets us apart from other renovators who out-source theirs. Margins on cabinets are extremely attractive.

Over the 25yrs we have been in business we have built relationships with a very large repeat clientele list that would not call anyone but us to do their next project. This includes their family, friends & co-workers

In-house designers, installers and cabinet makers are in-place and extremely talented

The home renovation industry remains strong during even the most negative economic environments, and flourishes in positive ones. Alberta is experiencing a very strong uptick in the construction industry right now. Time to get in!


DETAILED INFORMATION
Location
Calgary, AB
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,750
Lease Expiration
01/09/2025
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
CNC Machine, Edge bander, Air-assisted sheet mover, dust-collection system, large shop screw air-compressor, forklift, table saws, power tools, paint spray booth w/ suppression system, WH racking, Cube van, pick up truck, work van
Financing
Open to discussing options
Support & Training
Owner can assist in transition for up to 3 months
Reason for Selling
Health & Family reasons
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Business Listed By:
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Listed By: Not Disclosed