Very successful niche home remodeling business

Not Disclosed, DC


Asking Price: Annual Revenue:
$4,000,000 $4,081,414

Services: Construction, Contractors


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RE: Very successful niche home remodeling business Broker: Melissa Patel

Quick Facts

Asking Price: $4,000,000
Annual Revenue: $4,081,414
Net Profit: Not Disclosed
Cash Flow: $1,239,726
Total Debt: Not Disclosed
FF&E: $206,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 667954162
Broker Reference #: 18009-966765

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Business Overview:

A successful, mainly residential remodeling business serving the DC Metro area. With minimal marketing efforts the team has built strong referral partners which continue to support the business growth. The business has great performance records and completes work for private payors, non-profits, and state funded Medicaid programs.
Dedicated to delivering the best solution for their clients, the goal of the team is to deliver complete customer satisfaction for each project, providing quality workmanship, affordable pricing, and excellent customer service. This business has high sales and profit margins and opportunity to expand service areas for clients.

The business is ran semi-absentee with well trained staff in place. The owner is willing to train the buyer and consult for several months to help with business transition.

Business details:
2019 Sales: $4,081,414
2019 SDE: $1,239,726
Projected 2020: ~$2,000,000 – due to Covid-19 shutdown. Remodeling work is postponed providing a strong backlog
# of Employees: 8

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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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