Residential Design and Renovation Business

Not Disclosed, MD
Montgomery County

Montgomery County


Asking Price: Annual Revenue:
$895,000 $1,610,088

Services: Construction, Contractors


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RE: Residential Design and Renovation Business Broker: Michele Pouliot

Quick Facts

Asking Price: $895,000
Annual Revenue: $1,610,088
Net Profit: Not Disclosed
Cash Flow: $412,519
Total Debt: Not Disclosed
FF&E: $15,000
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. Their consistent success is partly due to their process from design to home improvement (we are talking HGTV style). They work with high end clients which has turned into repeat business and a good referral source. With over 20 years of professional home improvement experience, licensed and insured, this well established contractor has a long term strong team in place that would stay on with the new owner. This is NOT the guy and a tool belt type of business. It is a more developed business from design to concept with a strong infrastructure in place, one stop shop.

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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: $25,000

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. Client base is Montgomery and Howard County. The business is doing so well and is highly profitable, however, there is still room for tremendous growth with more aggressive advertising, networking and offer financing. The owners choose not to take on more opportunities to keep income and growth at a certain level. However 2020, goal is to hit $2M in revenue.

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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