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- RE: Renovation Design, Build, Retail & Wholesale Biz
- Contact: Dennis Kula
Quick Facts
Asking Price: | $299,000 | |
Annual Revenue: | $1,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $242,198 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $0 | |
Year Established: | 2001 | |
Employees: | Not Disclosed | |
BBN Listing #: | 388055297 | |
Broker Reference #: | 42600029 |
Business Overview:
Full service renovation company that offers Interior Decorating, Renovation and Decorating Showroom combined with a Retail presence allowing for a truly vertical business model.*Retail/Wholesale - This business provides full turnkey services: Home decor and furniture products, kitchen and bathroom, cabinets,
flooring, plumbing and lighting fixtures, variety of counter top options and more.
*Services - Interior design and renovation/installation services out of a comfortable storefront that also generates walk in traffic.
*The showroom offers legitimacy to the business that an office suite or working from a home office does not. Potential clients feel more comfortable and at ease knowing that there is a store location that makes them feel that they are truly working with a sound, established business compared to other contractors the business competes against.
*Successful business model:
Proven systems that have been in operation since 2001. Operations and marketing expertise will be transferred (which allowed this operation to be successful every year of operation). In 2017 the business will do over a million and 2016 was just under that. This operation does not do a large amount of projects, but rather does larger projects to maximize efficiency and minimizing churn. Specializing in whole house design and remodels the second best money makers pursued are kitchens and baths. As the operation sells the products that are used in these renovations (both wholesale and retail to the contractor base/general public), the gross profit margin is 20% higher than that of other, competing contractors.
*Even an existing contracting operation could benefit from the purchase of this business for the proven processes and pipeline of upcoming business. As this business has the ability to purchase direct as a wholesaler from the manufactures, this nets higher profit margins on all materials used on every project.
*Wholesaling - On the wholesaling front, the showroom offers a location where a 3rd party contractor or Interior designor to make all of their project selections at one location without having to waste time traveling to independent stores to individually select each and every product for projects.
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Reason for Selling:
Other business interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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