Business For Sale

Specialty Residential Remodeling Contractor

Not Disclosed, NC

Asking Price: Annual Revenue:
$585,000 $2,128,674

Services: Construction, Contractors

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RE: Specialty Residential Remodeling Contractor Broker: Ron Buck
Owner Financing is Available!
$96,525 down/$58,500 for 120 mos. @ 7.75%/Other Financing

Quick Facts

Asking Price: $585,000
Annual Revenue: $2,128,674
Net Profit: Not Disclosed
Cash Flow: $284,983
Total Debt: Not Disclosed
FF&E: $37,500
Real Estate: Not Disclosed
Year Established: 2007
Employees: 10
BBN Listing #: 33484955
Broker Reference #: 1308-13830

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Business Overview:

Established, growing residential remodeling and renovation company with a 10-year plus track record! Enjoy a well-developed local reputation coupled with the national brand name recognition and support provided by one of the premier franchisors in the industry. Attractive territory located in the Coastal Carolinas, with room for continued growth! Strong brand name and market presence, proven sales and marketing programs, experienced managers, sales team and crew makes this a turnkey acquisition. Currently semi-absentee owned, the buyer could continue to operate it semi-absentee or become a full-time owner-operator.

YTD profit is up 16% over the same period last year. 2018 Revenue is on track to up 20% over 2017. Financials shown are for the last twelve months ending 6/30/18

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Property Features and Assets:

The Company leases a 4,500 square foot show room and warehouse space in a desirable location. Assets: $147,500

Market Competition and Expansion:

Industry: The industry is experiencing solid growth and grew 6.8% in 2016. Competition: The Company has a protected territory within its own brand, and does have a few competitors in the area. However, they mostly focus on smaller, less complex remodeling jobs. Significant opportunity for continued growth. Owner is projecting 15% growth in 2018 based on further entrance into a new part of the territory over the past couple of years.

Reason for Selling:

Owner needs to focus on business at home.

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 a franchise resale opportunity.

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