Hot Listing
Established Residential Design-Build Firm in Midwestern US
Business Description
30 Years of Operations | Seasoned Design Team | Sustained Growth
Commercial Plus, LLC is pleased to present the potential acquisition of a premier residential design-build firm serving the Midwestern U.S. With a 30+ year reputation and a management team averaging over two decades of industry experience, the Company delivers award-winning architectural design and remodeling services across kitchens, baths, additions, basements, and exteriors.
In 2024, the Company completed ~160 projects generating $18.3M in revenue and $2.2M in EBITDA, with 2025E projected at $21.2M revenue and $2.6M+ EBITDA, reflecting a 12% revenue CAGR since 2022.
Ownership is pursuing a full sale of the business but remains open to a majority recapitalization. Please contact Commercial Plus to request additional information and materials.
KEY INVESTMENT HIGHLIGHTS
• Established Brand: Regional leader, consistently ranked as a top design-build firm
• Seasoned Team: 10+ in-house designers supported by an experienced management team
• Consistent Growth: Revenues projected to exceed $21M in 2025
• High-Value Mix: Average project size nearly doubled from $78K in 2022 to $142K in 2025 YTD
• Service Lines: Full-service residential design remodeling (kitchen, bathroom, exterior, etc.)
• Project Pipeline: Kitchens/baths (~50% of sales) balanced by additions, exteriors, and basements
INDUSTRY DRIVERS
• Aging Housing Stock: Homes built pre-2000 require upgrades, fueling remodeling demand
• High Homeowner Equity: A 57%+ rise in equity encourages investment in property improvements
• Shift Toward Larger Projects: Rising avg. project expenditure (+47% since 2011) supports growth
• Chicago MSA: 705K+ remodel projects completed in 2023, housing CPI above national avg.
FINANCIAL SNAPSHOT ($ MILLIONS)
• 2022: Revenue $15.1 | EBITDA $1.1
• 2023: Revenue $17.1 | EBITDA $1.9
• 2024: Revenue $18.3 | EBITDA $2.2
• 2025E: Revenue $21.2 | EBITDA $2.6+
In 2024, the Company completed ~160 projects generating $18.3M in revenue and $2.2M in EBITDA, with 2025E projected at $21.2M revenue and $2.6M+ EBITDA, reflecting a 12% revenue CAGR since 2022.
Ownership is pursuing a full sale of the business but remains open to a majority recapitalization. Please contact Commercial Plus to request additional information and materials.
KEY INVESTMENT HIGHLIGHTS
• Established Brand: Regional leader, consistently ranked as a top design-build firm
• Seasoned Team: 10+ in-house designers supported by an experienced management team
• Consistent Growth: Revenues projected to exceed $21M in 2025
• High-Value Mix: Average project size nearly doubled from $78K in 2022 to $142K in 2025 YTD
• Service Lines: Full-service residential design remodeling (kitchen, bathroom, exterior, etc.)
• Project Pipeline: Kitchens/baths (~50% of sales) balanced by additions, exteriors, and basements
INDUSTRY DRIVERS
• Aging Housing Stock: Homes built pre-2000 require upgrades, fueling remodeling demand
• High Homeowner Equity: A 57%+ rise in equity encourages investment in property improvements
• Shift Toward Larger Projects: Rising avg. project expenditure (+47% since 2011) supports growth
• Chicago MSA: 705K+ remodel projects completed in 2023, housing CPI above national avg.
FINANCIAL SNAPSHOT ($ MILLIONS)
• 2022: Revenue $15.1 | EBITDA $1.1
• 2023: Revenue $17.1 | EBITDA $1.9
• 2024: Revenue $18.3 | EBITDA $2.2
• 2025E: Revenue $21.2 | EBITDA $2.6+
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 4,000
Listing Info
- ID
- 2417178
- Listing Views
- 219
Listing ID: 2417178 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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