Seller's Contact Information
- RE: Full Service Renovation Contracting Business
- Contact: THOMAS THOMAS MILANA
Quick Facts
Asking Price: | $1,950,000 | |
Annual Revenue: | $2,300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $595,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 9 | |
BBN Listing #: | 3216630 | |
Broker Reference #: | 0101404725 |
Business Overview:
A full-service contracting and restoration company that specializes in home (95% residential) remodeling, interior design, reconstruction, and emergency repairs. They utilize the latest construction technology and equipment and can transform any house into a dream home! This organization has multiple state licenses (plumbing, roofing, general contracting) allowing it to be a one-stop-shop for most affluent homeowners. There is a well-tenured staff in place, including office and supervisory management. Furniture, Fixtures, and Equipment include state-of-the-art computer systems and software and a fleet of well-maintained vehicles and trailers. The seller is offering a new 5-year lease starting at a below-market rent, however, the free-standing property is also available for purchase and is complete with fueling stations. There are about 6,750 square feet of space on about .41 of an acre, complete with multiple offices, an upscale showroom, and a large warehouse with an extensive inventory (and samples) on hand. This opportunity is being offered now as the seller is planning to retire. He is open to seller financing a qualified purchaser with at least 2/3rd cash down, as well as staying on as a license qualifier (fee to be discussed). EIDL loan and A/R are negotiable. All prospective purchasers must be approved by the listing broker and provide a personal financial statement and CV. This opportunity may qualify for an investor's Visa. Please refer to listing number 0101404725 Tom Milana when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $7,500;Square Footage: 6,749;Building Type: Free Standing; Terms & Options: Seller Offering Lease TBD;Expiration Date: 12/31/2026.
Market Competition and Expansion:
Non Compete: Miles: 75 Years: 5
Reason for Selling:
Seller planning retirement, but willing to stay-on.
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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