Business For Sale

Kitchen and Bath Remodeling Business - 30876

Not Disclosed, NJ
Camden County

Asking Price: Annual Revenue:
$224,000 $741,300

Services: Home Improvement, Repair, Painting

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RE: Kitchen and Bath Remodeling Business - 30876 Broker: Gerald Nimberg

Quick Facts

Asking Price: $224,000
Annual Revenue: $741,300
Net Profit: Not Disclosed
Cash Flow: $92,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 15
Employees: 3
BBN Listing #: 71124447
Broker Reference #: 30976

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Business Overview:

After years of running a one-man operation remodeling kitchens and baths, the owner of this construction company stepped up to larger projects and multiple concurrent jobs. He now runs a crew of four and bills out $20,000 to $30,000 weekly; typically has 6 to 10 jobs in progress and carries a backlog of scheduled work waiting to be phased in. And, profitable jobs are being turned down. In the process, a little business became much more, but without financing and support staff it struggled to meet deadlines and still maintain quality. The owner worked long hours by himself to achieve the desired result. While the profits grew, it came at a price he is no longer willing to pay. Licensed in NJ,PA and DE with PA and DE representing large untapped marketsthe owner wishes to continue to build upon his success but as part of a larger company where he can focus his efforts as project manager and leave the financing, billing, etc. to a bigger company. . The backlog, work-in-progress, equipment, customer lists and goodwill are now for sale. The services, skills and reputation of the owner to continue to develop and manage the growth of this business are also available.

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Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is owned.
  • The owner is not 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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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