Fast Growing Home Remodeling Company $170,000

Omaha, NE
Douglas County

Asking Price: Annual Revenue:
$170,000 $415,000

Retail: Home Improvement

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RE: Fast Growing Home Remodeling Company $170,000 Broker: Rob Formanek

Quick Facts

Asking Price: $170,000
Annual Revenue: $415,000
Net Profit: Not Disclosed
Cash Flow: $44,700
Total Debt: Not Disclosed
FF&E: $5,200
Real Estate: Not Disclosed
Year Established: 2019
Employees: 8
BBN Listing #: 857443930
Broker Reference #: Not Disclosed

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Business Overview:

This franchise remodeling company services renters, residential clients and has built a solid reputation with a five-star review on google. They focus on flooring, bathrooms, kitchens, basements, decks, and full house remodels as part of the company’s services. The company has 8 employees which allows the owner to do project estimates, scheduling, billing, payroll, and quality control. Currently this company is the preferred contractor for two commercial buildings and has submitted a proposal estimated between $150,000-$200,000 for 2021/2022. A new owner with Vision, Creativity, Integrity and Hustle should be able increase gross revenue year over year. 44% of revenue is referrals and a success ratio is 65% on estimates approved. Asking price is $170,000, which includes FFE ($5,200) with gross revenue ($415,000). Seller Discretionary Cash Flow ($44,700,000). Contracted backlog of projects is close to $35,000, which puts the business on track to beat last year’s revenue. Contact Rob Formanek, RBA Business Broker 402-505-0100,, for complete details and/or arrange a private tour with the owner. Non-disclosure agreement required before any information can be released.

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Property Features and Assets:

Main office is 625 Sf. Shared use bathrooms, break area and 500 SF conference room. Utilities, triple nets, etc all included in single lease payment.

Market Competition and Expansion:

Various independents and established but we never compete against them. Success Ratio of jobs we book vs estimates is 65%.

Reason for Selling:

moviing out of state

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 a franchise resale opportunity.

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