Established and Reputable Northern VA Residential Remodeling Business
Asking Price: | $1,600,000 |
Gross Revenue: | $1,835,973 |
FF&E: | $58,000 |
Cash Flow: | $716,017 |
Inventory: | $5,000 |
Established Year: | 2004 |
Well-Known & Consistently Profitable Business in a Prime Market!
Excellent opportunity to own an established and respected residential remodeling business that specializes in kitchen and bathroom projects. The business has been established for just over 20 years and has a stellar reputation which is a testament to the top level project management, design expertise, product knowledge, and high quality craftsmanship that they deliver to the spaces they transform each day. The business is based in Fairfax County, Virginia, holds a “Class A” Contractor’s License (VA), and serves clients across Northern Virginia.?
The owner/founder has built a highly regarded business with a reputation providing top notch customer service from start to finish. After two decades in the industry, the owner has decided it’s time to retire and would like to ensure the business is in good hands moving forward. The business performance has been stable and trending upward over the past several years leaving it in a solid position for a new owner to take over the operation. The company does close to 15 kitchens a year with an average cost of just over $60,000 and around 25 bathrooms at an average cost of about $20,000.
This is a great potential acquisition opportunity for a kitchen and bath remodeler or general contractor looking to expand their presence in the area. It can be hard to stand out in the design/build industry in the DC area, but taking over an established business with a long track record of success will exude confidence in your business from day one. The current operating model has been in place for years so it will make for a straightforward transition to the next owner. The possibilities for growth and expansion are endless, so contact us today for full details and to learn more about this business.
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