Business For Sale

41 Year Old Growing Cash Flowing Remodeling Co.

Not Disclosed, WI


Asking Price: Annual Revenue:
$190,000 $293,439

Services: Construction, Contractors


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RE: 41 Year Old Growing Cash Flowing Remodeling Co. Broker: Eric Stewart

Quick Facts

Asking Price: $190,000
Annual Revenue: $293,439
Net Profit: Not Disclosed
Cash Flow: $80,978
Total Debt: Not Disclosed
FF&E: $23,500
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 550754385
Broker Reference #: 20081-978613

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Business Overview:

This 41 year old company is on the grow. Very strong cash flow for an interior remodeling company in southern Wisconsin. Providing full-service build outs for commercial, residential and new construction of all essential areas. Business includes a beautiful showroom, displaying many brand name fixtures, tiles, and many products. The showroom and office spaces boast over $400,000 in build-out and leasehold improvements. Plenty of office space available for additional growth. All work is contracted out to many former employees of the business. Owner only does estimates, and makes a few deliveries of product and supplies.

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Property Features and Assets:

The business is located in a 7,800 square feet warehouse/showroom/office space that is underutilized and only pays $2,167 per month. That's only $3.33 per square feet. Landlord is motivated to sign longer lease. The front showcases a beautifully laid out showroom of tile, and bathroom/kitchen fixtures. Plenty of spacious office space available for growth. Ample warehouse space for overstock, inventory, and a shop. The seller has been in the construction industry for over 45 years. Business has been in operation for over 40 years in multiple locations throughout southern Milwaukee.

Market Competition and Expansion:

Current owner only has small amount of advertising on the radio, and makes personal contact with potential commercial clients on a limited basis. By utilizing additional internet advertising resources, and attending trade shows could prove to be a good use of marketing dollars.

Reason for Selling:

Retiring

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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