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Established Residential Remodeling Company, With $298k Sde To Owner For Sale

Denver, Colorado
Asking Price:
$795,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,300,000 (USD)
Cash Flow:
$298,000 (USD)

This established design build home remodeling business has been in operation for 18+ years and has an excellent reputation in the market. The company is doing fixed contract pricing on all remodels and has a very reliable group of subcontractors they use to handle all the labor. A seasoned operations manager, designer, and bookkeeper are all in place for a successful transition. Sales have been growing and 2018 is tracking for better performance than 2017.

This is a fantastic opportunity for a buyer with some construction related experience looking to run their own established remodeling company with roughly $300K in earnings. The business has been pre-qualified for an SBA loan with approx. 15-20% cash down from a buyer with good credit and some industry experience. All details on this opportunity will be provided with a signed Non-Disclosure Agreement & Buyer Qualification Profile.

Property information

Real Estate:

Lease

Premises Details:

1550.00

Size in square feet:
1,500 sq ft

Business Operation

Expansion Potential:

Very little marketing is being done as the seller is plenty busy. An increased marketing budget however should easily generate more business should a new owner want to grow the company more quickly.

Reasons for selling:

Relocating out of state

Employees:
Full Time: 2, Part Time: 1
Years established:
18

Other Information

Support & training:

Seller will provide 1 month of training and transition, but would be willing to provide a longer training period for some negotiated compensation.

Financing available:

Pre-Approved for SBA Loan

Furniture / Fixtures value:
$12,000 (USD) - included in the asking price

Contact Broker

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