Business For Sale

Recession Resistant, Growing Remodel Company

Not Disclosed, WA
King County


Asking Price: Annual Revenue:
$420,000 $1,200,000

Services: Construction, Contractors


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RE: Recession Resistant, Growing Remodel Company Broker: Kevin Moen
License #: 127294
Owner Financing is Available!
210000.00

Quick Facts

Asking Price: $420,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $125,381
Total Debt: Not Disclosed
FF&E: $18,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 8
BBN Listing #: 47052112
Broker Reference #: 31861-644681

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Business Overview:

Strong brand, strong lead relations, and a recession resistant business model make this re-build/remodel company an ideal business, which is poised for growth. After a year of growth the company was growing out of control and losing profit margin. The owner cleaned house in 2017 cutting employee count from 35 down to 8 crew members, and now has an all-star team set to make more profit with half the revenue!

Projects/jobs are provided to this company through insurance providers, remediation companies, and referrals. About 80% of the projects are residential, companies like ServPro, ServiceMaster, DKI, etc utilize this firm to complete the rebuilds after their remediation work. This is a recession resistant model! People will need rebuilds and renovations in good or bad times, and getting jobs from insurance providers and remediation companies as a preferred partner is a huge competitive advantage.

The owner has built and sold one business under the same branding prior. That business is located in Chicago, IL. After 4 years in Seattle, seller has determined they are relocating to Austin, TX. This sale will include a non compete for WA State for buyers protection. Seller plans to offer continuing support with the working relations with current vendors, strategic partners, and to continue to support the Seattle and Chicago locations, and the buyer.

This year the business is trending to do $1.2M in sales, and net 25% for a seller discretionary income of $250k+.

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Market Competition and Expansion:

Continue focus on quality personnel and monitor profit margins. Run multiple teams to keep up with demand. Utilize owners relations with remediation companies and insurance providers.

Reason for Selling:

Relocation

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.

Relevant Links:

Disclaimer:

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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