Home Improvement (Bath, Kitchen, & Living Spaces)

Not Disclosed, WA
Pierce County

Asking Price: Annual Revenue:
$2,700,000 $4,000,000

Services: Construction, Contractors

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RE: Home Improvement (Bath, Kitchen, & Living Spaces) Broker: Jeffrey Bryan
Owner Financing is Available!
The seller will finance a portion of the transaction for a qualified buyer.

Quick Facts

Asking Price: $2,700,000
Annual Revenue: $4,000,000
Net Profit: $1,250,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 188735781
Broker Reference #: BKR2021

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Business Overview:

This company offers comprehensive home improvement services with superior customer service, quality, and attention to detail in King and Pierce Counties. Their target demographic is medium to high income residential clients with an average household income of $110,000. The home values range from $750,000 to over $1,100,000 and are typically builder grade construction. Typical clients desires improvements to outdated designs and require higher-end features. The business specializes in kitchens, bathrooms and some larger scale projects for preferred clients.

The business model focuses on creating long-term clients and referral advocates through unparalleled quality and craftsmanship. A key element to their clients’ satisfaction is partnerships with their key subcontractors (plumbing, electrical, and countertops). These partners compliment their own team’s strengths of demolition & site preparation, carpentry, framing, and flooring. The company utilizes multimedia advertising to attract an abundance of high quality lead resulting in a constant revenue stream of high quality prospects. This particular model collects revenues up front as deposits, and consistently works projects utilizing client funds. The business has an active job board of $2,000,000 of projects with a typical project backlog of 3 months.

Corporate headquarters are located with easy access to the highway infrastructure in the Puget Sound. The location is perfectly situated to service their customer base from Bellevue to Gig Harbor. The leased location boasts approximately 6,500 square feet of space (2,500 square feet of showroom, 1,000 square feet of office space, and a separate 3000 sf of warehouse/ shop)for a monthly rate of $4,800/month. (including 3 dedicated customer parking spaces).

The showroom/ office staff of five of includes: the owner as General Manager, a Design Consultant, Supply Chain Manager, and two full time administrative employees (scheduling and reception). Project team personnel include: Project Manager, 2 full-time Journeyman Level Carpenters, an Apprentice Carpenter and a part-time Drywall technician.

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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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