Design & Buildout For Residential Homes
Relocatable, NE Lincoln County
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- RE: Design & Buildout For Residential Homes
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $1,425,000 | |
| Annual Revenue: | $2,737,041 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $396,784 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 5 | |
| BBN Listing #: | 945157 | |
| Broker Reference #: | AEI028-B |
Business Overview:
Project management for residential renovations with over three decades of building a strong reputation. Whether it's a small powder room, a luxurious master bedroom, or a functional kitchen used to entertain, they can handle all aspects of the remodeling process. Their services primarily cater to residential clients, but they also undertake the occasional commercial project upon request. They have a team of skilled professionals who can transform any room into a beautiful and functional space. The dedicated team includes: two carpenters, one designer, one marketing professional, and one bookkeeper. The owner is full time, overseeing the operations, providing estimates, and meeting with clients. The business operates out of a spacious 2,400 square foot showroom providing clients with an opportunity to explore various design options and visualize their projects. They lease the showroom for only $1,887 per month. The reason for selling is the owner's retirement planning, though he is looking forward to staying on board for 2-3 years. The owner is willing to finance 10% of the purchase price in order to show his vested interest in the continued success of the business post-close.
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Property Features and Assets:
Assets Included in Purchase: $471,435
Vehicles: $265,119
Equipment: $133,401
A/R: $56,056
Leasehold Improvements: $16,859 Plus Showroom goods and Demo material (Samples of inventory & Products)
o +/- $312,695
Market Competition and Expansion:
Growth Opportunities: Adding more staff members to handle the influx of work
Reason for Selling:
Retirement Planning
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
Documents:
Relevant Links:
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