Home Remodeling Company
Asking Price: | $1,550,000 |
Gross Revenue: | $3,503,253 |
Rent: | $10,000/Month |
Established Year: | 1980 |
Cash Flow: | $535,867 |
Inventory: | $5,000 |
FF&E: | $285,000 |
Kitchen & Bath Remodeling Co
Recently available for this thirty-five-year young company due to Owner’s retirement. The company consists of a general home Improvement company specializing in high-end quality kitchens and baths which represents 90% of the yearly sales. The company which is a full-service construction company serveries residents in Northern New Jersey. This is a family owned and operated company and they specialize in complete home renovations in addition to new construction, and additions. They are also approved as a full-service remodeling company for all indoor and outdoor construction projects. The company has a 2023 gross income of $3,505,253 and a net yearly income of $535,867. They offer the ultimate home experience which improves aesthetics and elevates the functionality and comfort of one’s home. The company offers the highest quality products representing an average 40% markup for each project. This company offers tailored design consultation services to ensure their clients are fully satisfied. As a fully licensed general contractor with a rich history of experience, no task is too big or intricate, from designing a kitchen or constructing the perfect alfresco entertainment zone, they are experts in the industry. Their primary objective is to offer their clients a diverse range of expertise, top-notch quality, knowledge, and unparalleled professionalism paired with exceptional customer service. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The 2023 gross yearly income is $3,503,253 and the business had a yearly net income of $535,867 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. Based on the past four years, the company’s average yearly income is approximately $550,000. The 2024 income is expected to be similar or greater to the previous year and formal due diligence is recommended by broker. Please do not disturb business, this sale is confidential, the employees are unaware of the pending sale, all viewings are by appointment only and any photo, unless otherwise stated, does not represent this particular business opportunity. Perspective buyers are required to execute a Non Circumventable Agreement.