Growing Denver Remodeling Company w/GREAT Profits!

Not Disclosed, CO
Douglas County

Asking Price: Annual Revenue:
$1,100,000 $2,653,951

Services: Construction, Contractors

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RE: Growing Denver Remodeling Company w/GREAT Profits! Broker: Elena Moore
Owner Financing is Available!
$110,000 down/$110,000 over 24 months @ 6.75%/Other Financing.

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $2,653,951
Net Profit: Not Disclosed
Cash Flow: $437,526
Total Debt: Not Disclosed
FF&E: $52,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 10
BBN Listing #: 37264955
Broker Reference #: 7504-17147

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Business Overview:

This Fast-growing residential remodeling company performs bathroom remodeling services, including master bathroom renovations and bathtub to shower conversions. Their mobile showroom brings the samples to the customer's home for in-home sales presentations. Year over year they've shown consistent growth and the sales keep coming!

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Property Features and Assets:

The warehouse is approximately 1,700 square feet of space for storing tools, inventory, and equipment necessary for remodeling projects, including a Forklift. There are two main offices, a warehouse, a construction work area, and a storage room. They also share a separate unit in the complex with another contractor. They split a 1,700 square feet unit and pay an additional $1,200 per month for that space. This is where they store the bathtubs, shower pans, and cabinets. Assets = $57,000

Market Competition and Expansion:

The residential remodeling industry is booming! Competition comes from general contractors, Franchise remodeling companies, and Do-It-Yourself homeowners. This company is growing year over year! They have an excellent customer service reputation and a new owner can expand the services offered to grow the company even larger. This is the perfect opportunity for someone to increase the business by serving a greater area and/or offering more products and services. Also, increasing Digital Marketing and SEO efforts will draw more leads, appointments, and opportunities for sales. There is room for expansion and growth by hiring more employees. The experienced sales and installation crews are top-notch.

Reason for Selling:

Owner wants to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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