Project Management & Design Layout for Homes – Owner is only a Visio
| Asking Price: | $985,000 |
| Gross Revenue: | $2,685,066 |
| Rent: | $1,887/Month |
| Cash Flow: | $310,097 |
| Inventory: | $471,435 |
| Established Year: | 1990 |
Design, Remodel and Project management for homeowners
with residential renovations including kitchen & bath,
countertops & cabinetry and home additions. They have a
team of skilled professionals who can transform any room into
a beautiful and functional space. With higher interest rates,
less people are moving – demand for remodel is up! The
dedicated team includes: two carpenters, one designer, one
marketing professional, and one bookkeeper. The owner is
active, providing leadership, overseeing estimates, and
meeting with his team. The owner does NOT do any design
work or labor. This can be run remotely. The business
operates out of a 2,400 square foot showroom for only $1,887
per month. The reason for selling is the owner's retirement
planning, though he is looking forward to staying on board for
2-3 years. The owner is willing to finance 10% of the
purchase price in order to show his vested interest in the
continued success of the business post-close.
Priced at $985,000, a 10% down payment of $98,500 will
return $162,829 in the first year after debt payments! A 165%
return on investment! Their full-service approach covers all
aspects of interior design, including bathroom remodeling,
cabinet installation, and home design.
