Remodeling Company, Seller Motivated to Retire!

Not Disclosed, WI


Asking Price: Annual Revenue:
$165,000 $319,458

Services: Construction, Contractors


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RE: Remodeling Company, Seller Motivated to Retire! Broker: Eric Stewart
Owner Financing is Available!
95000.00

Quick Facts

Asking Price: $165,000
Annual Revenue: $319,458
Net Profit: Not Disclosed
Cash Flow: $80,452
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:

LARGE PRICE DROP!! This 42 year old company is on the grow. Owner has REDUCED asking price to sell, and is VERY motivated to sell. The owner will stay on for an extended time to train. 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 large, 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 works in the business part-time and only does estimates, and makes a few deliveries of product and supplies.

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Property Features and Assets:

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. The business is located in a 7,800 sqft warehouse/showroom/office space that is underutilized. Landlord is motivated to negotiate long-term 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.

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. Only one competitor in general area of the same type of business scope. This business wins head to head bid every time.

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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