Profitable Wine Cellar / Bar Contractor +$535k SDE
Washington, DC
Sale Pending
| Asking Price: | $1,650,000 |
| Gross Revenue: | $2,238,347 |
| Cash Flow: | $535,000 |
| Established Year: | 2006 |
Listing ID: 2242381Listing provided by BizBuySell
BUSINESS DESCRIPTION
This dynamic, established, and profitable business provides wine cellar and bar installation into high-end homes and businesses. The company boasts a strong reputation for exceptional craftsmanship, catering to an elite clientele with discerning tastes. Projects often lead to repeat business with add-on work and installation in 2nd homes. With a proven track record of growth and a robust client base, it presents a lucrative opportunity for expansion in the luxury home improvement market. Ideal for a visionary buyer seeking to capitalize on a niche market with significant potential for further development and success.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
6
Facilities
The business is currently run from the owner’s home. The business is mostly at jobsites, so space needed for administrative / logistics is minimal.
Competition
The business has very few specific competitors in the geographic area, allowing them to capture a significant portion of the DC / VA / MD market. Targeted advertising and referrals from quality work keep a steady stream of new business.
Growth & Expansion
The current owner believes revenues could significantly increase in the next several years and accelerate as the business continues to expand into wider geographic markets. The owners are leaving the business but see potential for new client markets growing for the new owner. The current owner has a solid team of support, vendors, and subcontractors.
Financing
The owner will consider some financing for a well-qualified buyer.
Support & Training
The owner will provide training as needed to the buyer.
Reason for Selling
Retirement
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