Kitchen, Bath, & Home Remodeling Company

Not Disclosed, WA
King County


Asking Price: Annual Revenue:
$975,000 $3,500,000

Services: Home Improvement, Repair, Painting


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RE: Kitchen, Bath, & Home Remodeling Company Broker: Mike Luitgaarden
Owner Financing is Available!
The seller is willing to finance 50% of the transaction for a qualified buyer.

Quick Facts

Asking Price: $975,000
Annual Revenue: $3,500,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 83635781
Broker Reference #: HR2019

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Business Overview:

Great opportunity with this highly profitable, consistently growing, 30-year-old home remodeling business. The company operates mostly from a repeat & referral basis and their stellar reputation in the marketplace has provided it with the luxury of selecting the projects to add to their typical 6 – 8-month backlog. A nicely appointed facility provides an impressive place to meet with potential clients while the location provides it great access to cover the entire metro area. The business also fabricates its own tile and marble internally which presents another attractive growth opportunity as they currently only produce for their internal projects. Their reputation of doing quality projects on time and on budget has given it a competitive advantage in the marketplace. The company has an excellent operational foundation and the owner will assist the buyer in the transition of it. The business is ripe for continued expansion from the current foundation as the owner is selective on the projects taken and regularly passes on potential work. The company has an impressive online presence with many positive reviews and are a member of the BBB.

The staff of the business consists of 13 skilled employees which includes a project manager, office manager, a mechanical shop person, and other skilled trades employees. The owner works mostly in a general management capacity with some customer contact. The seller is flexible on post transaction consultation and desires a seamless transition of the business. All operational infrastructure is in place for a smooth transition of ownership.

The lead business broker for this transaction is Mike Luitgaarden. Please contact Mr. Luitgaarden. Please use email reply button of this ad to contact us.

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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.

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