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- RE: Established Residential Renovation Company
- Contact: Rally DeLeon
Quick Facts
Asking Price: | $360,000 | |
Annual Revenue: | $1,387,216 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $114,472 | |
Total Debt: | Not Disclosed | |
FF&E: | $162,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 7 | |
BBN Listing #: | 122956491 | |
Broker Reference #: | 67675-629136 |
Business Overview:
This 21-year-old company located in New England is well diversified into 3 aspects of remodeling:
• Residential work in single-client homes - kitchens, bath remodels, additions, garages, attic/basement buildouts, etc. They are focused on higher-end clientele. This has been their bread-and-butter and is what they've built their reputation on.
• Residential work in a quasi-commercial setting for a national company that operates group homes for residents that have various levels of neurological issues. This specialized work is primarily remodeling single-family homes into group homes.
• Handy Man Services for smaller jobs. They use subcontractors to do work that is too big for the DIYer, but not big enough for a full-scale remodel. They run these projects off a work order system. It takes minimal administrative time and has been very popular and profitable.
• SDE for 2021 was over $200,000 and 2023 YTD shows the company is back on track to produce the same percentage of SDE.
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Property Features and Assets:
Monthly Rent: $2,455.00
Square Units (Foot, Meter): 2,500
Lease Expiration Date: November 29, 2022, 9:00:00 PM
Terms Options: Month to Month
Facilities: Warehouse
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Hampshire businesses for sale
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