Seller's Contact Information
- RE: Bathroom Remodel Specialist
- Contact: Mitchel Cox
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $344,100 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $72,800 | |
Total Debt: | Not Disclosed | |
FF&E: | 23,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 1982 | |
Employees: | 1 | |
BBN Listing #: | 620549155 | |
Broker Reference #: | 70041-978613 |
Business Overview:
This contractor has been in business for 44 years in the Milwaukee area and has built a recognized brand for bathroom remodels. The business provides build outs and remodels for bathrooms for commercial, residential, and new construction projects. They have a niche specialty creating accessible bathroom retrofits for elderly and/or disabled clients. This area of the business has been growing due to the trend of many people deciding to age in their homes. The owner now works part time in the business, focusing on estimates for new projects and sales. There is also a designer who has been with the business for many years. The construction work is done by a network of subcontractors who are some of the best in the business. The company has long-standing relationships with their contractors which provides a base of quality work. The business has a large showroom which features a variety of flooring, tile, bathroom fixtures, specialty tubs and other products. These products are from high quality brand name suppliers. There is also plenty of warehouse and office space for future expansion. This business has assets that would take a new owner many years to develop: Customer list, contractor and supplier relationships, established brand with phone numbers and website. This business represents a tremendous opportunity for a buyer looking to buy an existing business with the potential to have explosive growth.
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Reason for Selling:
Retirement
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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