Business For Sale

Reputable Home Renovation Contractor

Not Disclosed, MA


Asking Price: Annual Revenue:
$940,000 $3,236,560

Services: Construction, Contractors


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RE: Reputable Home Renovation Contractor Broker: Bob Clements

Quick Facts

Asking Price: $940,000
Annual Revenue: $3,236,560
Net Profit: Not Disclosed
Cash Flow: $617,841
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1973
Employees: 13
BBN Listing #: 433935915
Broker Reference #: 2854R

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Business Overview:

This award-winning design/build remodeling business for sale in eastern Massachusetts specializes in residential renovations and home additions. They have been in business for 44 years and have established a long list of referring and repeat customers. With an experienced team, the company has well-established systems in place which has created a turn-key business not normally seen in this industry. The company had a very profitable 2016 and will complete nearly $3 million in 2017 and has a substantial backlog for 2018.

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Property Features and Assets:

The office and some warehouse space for this business is located in a 1,666 square foot building. The space is available for lease to a new owner.

Market Competition and Expansion:

This business has seen strong growth in the remodeling industry through its design/build and specialty work including aging-in-place, best use of space, and sustainability. With the increasing age of many homes in the eastern Massachusetts area, the opportunity for residential remodeling work continues to grow. Additional growth could be realized through increasing marketing efforts, adding more labor, and expanding its geographic territory.

Reason for Selling:

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.

Documents:

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