Reputable Design Service and Home Remodeling! (17889)
Asking Price: | $529,000 |
Gross Revenue: | $1,178,216 |
EBITDA: | $176,294 |
Real Estate: | $1,300,000 |
Cash Flow: | $189,096 |
Inventory: | $20,000 |
FF&E: | $200,000 |
Established Year: | 1988 |
Gorgeous area near Penn State in Central Pennsylvania! The business offers specialized design and layout services for building contractors and residences. Custom flooring and remodeling installations are provided for the home with a focus on kitchen and bathroom. Well-established with over three decades of experience in outsourced quality products that allow opportunities for scalability, the company provides all types of flooring with a strong presence in tile, custom cabinetry, countertops. Revenues for 2023 reached $1,178,216 alongside Discretionary Earnings $189,096. The prime storefront location measures nearly 10,000 square feet including private offices, warehousing space, 4 garage bays, about 4,400-sq.ft. of showroom space and a 16’ x 30’ storage shed with garage doors. The property is surrounded by a parking lot and found in excellent condition, with the option to lease or purchase. As an owner-operated company with subcontracted installers and two part-time workers most likely to stay post-purchase, Seller is available for a reasonable transition under an employed contract. Currently choosing which projects to receive with a lower focus on commercial gigs (up to ten daily), involved Buyer can take business to the next level by expanding workforce to accept each bid and more job requests in the commercial sector. Besides their maintained website and verbal referrals from a large, repeating client base, minimal marketing efforts bring in potentials to maximize outreach through social media engagements and aggressive advertising. Company benefits from longtime customer relations, an extending product catalog via their manufacturers, and capabilities to streamline ongoing processes, giving it a strong command over this fast growing industry! Priced to sell with an impressive portfolio, this opportunity won’t last long, contact IAG Today!