Established Residential Renovation Company

Not Disclosed, NH Not Disclosed

Asking Price: $360,000

Annual Revenue: $1,387,216

Services: Construction, Contractors

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Established Residential Renovation Company

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RE: Established Residential Renovation Company
Contact: Rally DeLeon

Owner Financing is Available!

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

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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

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