High End Residential Remodeling Company

Not Disclosed, VA


Asking Price: Annual Revenue:
$430,000 $1,039,858

Services: Construction, Contractors


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RE: High End Residential Remodeling Company Broker: Michael Metzger

Quick Facts

Asking Price: $430,000
Annual Revenue: $1,039,858
Net Profit: Not Disclosed
Cash Flow: $155,947
Total Debt: Not Disclosed
FF&E: $553,613
Real Estate: Not Disclosed
Year Established: 1996
Employees: 6
BBN Listing #: 95344955
Broker Reference #: 2006-15029

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Business Overview:

For over 20 years, this company has renovated hundreds of homes in Central Virginia with everything from a simple bathroom upgrade, full kitchen renovation, or the addition of an entire second floor! With a reputation for quality, this company has earned the trust of demanding, up-market customers. Clientele consist primarily of high-end home owners who want to renovate their homes in the Central Virginia area. Average job brings in $80,000 - $110,000.

Its 5 full time employees include 2 lead carpenters plus a helper. The business has built strong relationships with key 1099 subs, most of whom work almost exclusively with this company. All have been fully vetted to ensure they can meet the high standards and expectations of this premium service.

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Property Features and Assets:

The company maintains a 2,200 square feet facility located in an office suite complex. The facility provides office space and a showroom, as well as an air conditioned storage space with loading dock. The 90-day rolling lease is $2,300/month and it is anticipated that the new owner will be able to negotiate a longer term lease. Assets=$57,516

Market Competition and Expansion:

The company does very little marketing and relies primarily on word-of-mouth referrals from satisfied customers and other construction professionals. It enjoys the highest ratings from Houzz and BBB. Growth potential is limited only by the ambitions of the owner! There is plenty of work in the area and ample opportunity to take on new (and different) jobs. With a trained staff and sub trades in place, all this company needs is a great leader to take it to the next level.

Reason for Selling:

Owner is retiring.

Additional Details:

  • The property is leased.
  • The owner is not 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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