Hot Listing
35 Year Old Established Business
Business Description
Well established company specializing in bathroom and kitchen remodeling. This company has +35 years in the industry and is part of the oldest businesses in Katy Texas. Business has done zero investments on advertising, relies solely on word of mouth. New owner is expected to work 40 hours to run the business but counts with a highly capable staff to run operations.
About the Business
- Years in Operation
- 34
- Number of Employees
- 6
- Facilities & Assets
- This is an asset sale, the business goodwill is 90% of the business value. This is one of the oldest home remodeling companies in the area with a well-established reputation and cashflow. The sale includes goodwill, tools and equipment.
- Market Outlook / Competition
- There are no barriers to the home remodeling space, and certainly there’s a ton of competition. This business differentiates from the competition by offering a “one stop shop” experience to its customers with primary focus on high customer service. This value proposition has allowed this business to have stable cashflow for the past 25 years.
- Opportunities for Growth
- Business has invested zero dollars in marketing and business development. New owner should take this opportunity to grow the company to new areas.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,600
- Rent
- $7,520.00 per month
- Lease Expiration
- 3/1/2034
About the Sale
- Seller Motivation
- Health issues and family
- Transition Support
- The owner will stay for a two month transition.
Additional time can be negotiated. The goal is 100% new ownership success rate. - Financing Options
- Pre approved SBA Loan Business, seller finance open to discussion.
Listing Info
- ID
- 2397599
- Listing Views
- 827
Listing ID: 2397599 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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