Kitchen, Bath, and Home Remodeling Company
Forsyth County, North Carolina
| Asking Price: |
Gross: |
Cash Flow: |
| $442,000 |
$700,655 |
$219,358 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Established in 1995, this is a full-service residential renovation company focusing on bathrooms, kitchens, additions, and repairs. Excellent reputation for delivering quality workmanship, timely delivery, and very competitive pricing. With a strong, loyal, high net worth clientele, the company is successful via word-of-mouth referrals that continue to expand, growing the business along with it. Marketing is minimal through an internet presence, website, and worksite yard signs which leaves a tremendous opportunity for expansion and growth. Company structure consists of the owner who designs and bids projects and manages financial operations, yet relies on a group of 30 independent subcontractors to execute the projects. Each subcontractor has been identified and developed by the owner to ensure the level of excellence expected.
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| Year
Business was Established: 1995 |
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| Number of Employees:
1 FT |
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| Facilities / Terms of Lease:
Business operated out of a home office. Therefore, the buyer will be able to relocate the associated documentation to a location of their choosing. |
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| Potential
Growth/Expansion:
Growth opportunity lies in expanding advertising and marketing. Owner and the subcontractors have a reputation for quality and timely services. Yard signs and referrals have also been a source for name recognition. Adding a dedicated sales professional to promote the business and its reputation will expand the recognition and resulting projects. |
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| Competition:
Competition from local contractors engaged in similar activities. |
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| Owner
willing to finance:
$44,200 down/$44,200 over 120 mos. @ 11.25%/Other Financing. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Owner to retire. |
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| This business is Home Based.
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| REQUEST MORE INFO |
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