Top Ranked Kitchen and Bath Renovations
Broward County, Florida
Asking Price: |
Gross: |
Cash Flow: |
$549,000 |
$740,812 |
$193,420 |
Furniture and Fixtures Value:
$25,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Top Ranked Kitchen and Bath RenovationsKitchen and Bath remodeling and total renovations. 16 jobs in 2022; many more are scheduled for this year and beyond. Full scope of work - permitting, design, GC management etc. The company is led by a licensed General Contractor. All jobs are in the confines of a single community with over 6,500 units. The age of the development is approximately 50 years which means that most units are in need of renovation. All work is performed by subcontractors. Internally there is one employee who is in charge of the paperwork and other administrative details.Business HistoryStarted as a one-man renovation firm. The original territory was in the east part of town near the ocean. This business was created due to the scale of the demand and the nature of finding all the work in one central location.Competitive OverviewOpportunity in development. Records show they have performed work on over 375 units out of a total of more than 6,000. Business comes with a low mileage vehicle and a rented workshop located just outside the development. The shop has been set up for many years and is perfect for handling job fabrication and storage for equipment and building materials. Potential GrowthOther contractors are present but none are directly competitive. Buying this business could bring tremendous results. Please refer to listing number 0101686654, business broker Howard Schulman 7542243137 when inquiring about this listing.
|
|
|
|
|
|
Year
Business was Established: 2002 |
|
|
Number of Employees:
1 |
|
|
|
Facilities / Terms of Lease:
Lease/Month: 651 Square Footage: Building Type: Warehouse
Terms & Options: Negotiable Expiration Date: 12/31/2023 |
|
|
|
Competition:
Non Compete : Miles: 100 Years: 5 |
|
|
|
Owner
willing to finance:
Loan/Seller- Amt: 189,000 Mos: 60 Rate: 7.00 Mo Pmt: 3,742.43 |
|
|
|
Owner
willing to train:
Weeks Training: 9 Cost: $0 |
|
|
|
Reason for selling:
Retirement |
|
|
|
REQUEST MORE INFO |
|
|