Cash Flow Strong Home Remodeling Contractor
Not Disclosed, NY Not Disclosed
Long Island Region
Request More Information Contact the Seller
- RE: Cash Flow Strong Home Remodeling Contractor
- Contact: Karin Neumann
Quick Facts
| Asking Price: | $4,900,000 | |
| Annual Revenue: | $9,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,330,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $610,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 24 | |
| BBN Listing #: | 1003409 | |
| Broker Reference #: | 1492-2148 |
Business Overview:
This well-known Home Remodeling Company has provided reliable and high-quality remodeling services to the Long Island region for over 30 years. The company performs complete home remodeling from project design to build. The company has experienced stable revenues and enjoys high operating margins with documented profitability.
The Company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.3x EBITDA (2024). A full valuation report is included, and there is $225,000 in Net Working Capital plus another $610,000 in Fixed Assets included in the deal. The business is pre- qualified by an SBA lender, subject to the buyer’s financials, and by implementing the proposed deal structure, an owner-operator will obtain almost $600,000 benefit in after-acquisition-debt cash flow in Year #1, over 60% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This business currently operates from a 3,000 sq. ft. modern showroom with ample office space plus a 4,000 sq. ft. workshop/ warehouse. The showroom with office space is available for purchase with the business under separate agreement.
Market Competition and Expansion:
The Company enjoys a competitive advantage by leveraging its impeccable reputation, desirable location, impressive showroom, and proven process, culminating in significant name and brand recognition. This is a turnkey operation with experienced management and dedicated personnel in place.
It is projected that a new owner will obtain additional growth by expanding the direct sales and marketing efforts with an investment of $150,000 to $250,000 per year – an accelerated revenue growth rate under such premise is projected to be 10% to 20% per year.
Reason for Selling:
Retirement (consulting available). Kindly ask the seller for more information.
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
Relevant Links:
- View more New York businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
