Home Remodeler - Market Leading

Business Overview:

NOTES:

1. The Business serves several counties in close proximity to a Major Metropolitan Area in WESTERN NEW YORK.

2. The real estate is available for sale solely to the buyer of the business but it is not included in the asking price.

The business is a very successful and market-leading remodeler of kitchens and bathrooms. They do high-end work for the upper third of the market. The business derives high sales volumes from word-of-mouth referrals – which currently generate between 35-40% of its revenue. It has built a very strong brand and as such has a strong market position that enables it to retain clients, and organically acquire new ones with minimal marketing. The business has afforded the owner the opportunity to develop a niche, full-service concept based on a service-driven model that has resulted in excellent financial rewards for the owner.

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Property Features and Assets:

The business is strategically located in close proximity to several major highways. The owner has undertaken significant infrastructure refurbishments of the facility across the interior and exterior. These included the renovation of the showroom and parking lot and the overall modernization of the premises. The premises consist of a warehouse, showroom, offices, and ample parking. The owner also owns the real estate which is not included in the sale. The owner will negotiate a fair lease or purchase price with the next owner of the business.

Market Competition and Expansion:

The business has several strategic advantages over its competitors. As it pertains to its service capabilities, pricing model, technical expertise, and brand reputation, the business occupies a dominant, market-leading position. This has enabled it to capture a large market share and retain its clients for ongoing projects with minimal marketing.

The business has a solid operating structure that can be leveraged to capitalize on unlocking new growth opportunities. These include identifying commercial projects, including multifamily unit complexes. A new owner could also expand the business’ service capabilities into other areas of renovation.

Reason for Selling:

Confidential, will be shared with qualified buyers after the execution of NDA.

Additional Details:

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