Seller's Contact Information
- RE: Top Ranked Kitchen And Bath Renovations
- Contact: HOWARD SCHULMAN
Quick Facts
Asking Price: | $549,000 | |
Annual Revenue: | $740,812 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $193,420 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 1 | |
BBN Listing #: | 9781630 | |
Broker Reference #: | 0101686654 |
Business Overview:
Top Ranked Kitchen and Bath Renovations
Kitchen and Bath remodeling and total renovations. 16 jobs in 2022; many more are scheduled for this year and beyond. Full scope of work - permitting, design, GC management etc. The company is led by a licensed General Contractor. All jobs are in the confines of a single community with over 6,500 units. The age of the development is approximately 50 years which means that most units are in need of renovation. All work is performed by subcontractors. Internally there is one employee who is in charge of the paperwork and other administrative details.
Business History
Started as a one-man renovation firm. The original territory was in the east part of town near the ocean. This business was created due to the scale of the demand and the nature of finding all the work in one central location.
Competitive Overview
Opportunity in development. Records show they have performed work on over 375 units out of a total of more than 6,000. Business comes with a low mileage vehicle and a rented workshop located just outside the development. The shop has been set up for many years and is perfect for handling job fabrication and storage for equipment and building materials.
Potential Growth
Other contractors are present but none are directly competitive. Buying this business could bring tremendous results. Please refer to listing number 0101686654, business broker Howard Schulman 7542243137 when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $651;Square Footage:Building Type: Warehouse; Terms & Options: Negotiable;Expiration Date: 12/31/2023.
Market Competition and Expansion:
Non Compete: Miles: 100 Years: 5
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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