Residential Design and Renovation Business

Not Disclosed, MD
Montgomery County

Montgomery County

Asking Price: Annual Revenue:
$985,000 $1,633,095

Services: Construction, Contractors

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RE: Residential Design and Renovation Business Broker: Michele Pouliot

Quick Facts

Asking Price: $985,000
Annual Revenue: $1,633,095
Net Profit: Not Disclosed
Cash Flow: $311,463
Total Debt: Not Disclosed
FF&E: $10,716
Real Estate: Not Disclosed
Year Established: 2007
Employees: 7
BBN Listing #: 37414955
Broker Reference #: 2404-14709

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Business Overview:

This contractor business offers a full scope of services from design to home improvement. The design services specialize in updating existing space, utilizing personal items, accessorizing and transforming a room to an exceptional living space based on the clients needs. With over 20 years of professional home improvement experience, licensed and insured, they have many satisfied long time clients. They have designed bathrooms, kitchens, basements and many more complex projects.

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Property Features and Assets:

The studio is 1,350 square feet. Rent $1,194 per month. Lease is through 4/30/2021 with a five year option. Total Assets Included: $25,130

Market Competition and Expansion:

The design and home improvement market is very competitive. This company has carved out their differentiation to deliver a quality dependable service which stands out from the competition. They have a substantial amount of repeat business. The business is doing so well and is highly profitable, however, there is still room for tremendous growth. The owners choose not to take on more opportunities to keep income and growth at a certain level.

Reason for Selling:

Work towards retirement.

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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