Residential Design and Remodeling Business

Price: $4,485,000

Location: Florida

Industry: Building and Construction

Listing ID: 256-13

Listing Status: Sold

Description

*Under Letter of Intent*
Revenue as of 5/31/2022: $6,384,548
Operating Profit as of 5/31/2022: $615,707
Established business located in a growing market.
The Company offers a one-stop-shop approach with a team in place to organize every step of remodeling, from designing a layout, choosing the perfect finishes to hiring and scheduling a plumber, electrician, contractor and more. The Company specializes in kitchen and bath remodels but has the capability to remodel any part of the house.
For more than 35 years, this Business has built a strong reputation in the communities it serves with individuals and home builders alike which enables them to perform work on remodels, new home builds, and any type of commercial projects including projects at several of the ever-growing military installations in the area. The team prides itself on the quality of work and personalized experience they provide their customers.
This is an excellent opportunity for a strategic buyer or investor to step in and capitalize on the existing infrastructure, experienced team, and strong backlog of work in place.
The owner is willing to provide training, consulting and transition support to the new owner.

Real Estate:Leased
Building SF:N/A
Lease Expiration:N/A
Employees:55
Facilities:Multiple locations spanning two states with showrooms, warehouses, manufacturing and office space.
Growth & Expansion:Serving one of the fastest-growing markets in the Southeast. Significant growth can be achieved through expanding the market territory.
Support & Training:Will be provided by the seller.
Reason for Selling:Retirement

LISTING DETAILS

Total Sales: $14,045,707

Cash Flow: $1,275,700

For more information on this listing, please complete our Non-Disclosure Agreement

LISTING BROKER

Lawrence Moore

Lawrence Moore