Growing And Profitable Residential Remodeling Co.
Not Disclosed, KY Not Disclosed
Mid-South
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- RE: Growing And Profitable Residential Remodeling Co.
- Contact: Ron Buck
Quick Facts
| Asking Price: | $3,775,000 | |
| Annual Revenue: | $8,573,747 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,145,567 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $448,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 35 | |
| BBN Listing #: | 996610 | |
| Broker Reference #: | 1308-19043 |
Business Overview:
This is a well-established residential remodeling company with a multi-location presence in Kentucky. The company has been in operation for over three decades and benefits from a strong reputation and a proven business model. It provides specialized remodeling services, primarily focusing on bath areas, with a mix of proprietary and well-known product offerings.
The company has developed significant relationships with national home improvement retailers, which drive a substantial portion of sales. Operations are supported by experienced management and a skilled team of installers,allowing for quality control and scheduling efficiency. Growth can be achieved by expanding marketing efforts and service offerings within its existing erritory.
The SDE shown are accrual and based on the Last Twelve Months through5-31-25.
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Property Features and Assets:
The company operates from strategically located facilities, including a showroom and warehouses. The showroom is situated in a central location with convenient access to major roads. Warehouses are located in industrial areas, providing efficient access to major highways. The facilities are in good condition and support the company's operations.
Assets = $498,000
Market Competition and Expansion:
The company operates in the competitive residential remodeling industry, which includes other remodeling companies and home improvement service providers. The company differentiates itself through exclusive product offerings and employs its own installation teams to ensure quality control. The aging population presents a significant growth opportunity for the industry, as "aging in place" becomes more prevalent.
The company has several avenues for potential growth. These include increasing the marketing budget, improving sales closing rates, and adding vertical services such as kitchens and windows. The company identifies growth opportunities in specific service areas and geographic locations. The company projects a revenue growth rate for the next year.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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