Profitable Kitchen & Bath Remodeling and Water Remediation Business

Asking Price$550,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$497,000

InventoryNot Disclosed

FF&E$52,000
Included in asking price
Real EstateNot Disclosed

Renovated KitchenSave

Profitable Kitchen & Bath Remodeling and Water Remediation Business


Asking Price$550,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$497,000

InventoryNot Disclosed

FF&E$52,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Reputation for High Quality
This diversified and established construction business operates on a lean, asset-light model. Materials are purchased on a per job basis, which minimizes inventory expense. The business can be managed from a home office or a small leased space, which minimizes overhead expense.

The business has a proven track record of quality remodels of kitchens, bathrooms and basements, as well as efficient remediation of water damage. The business uses specialty subcontractors and oversees each project from conception to completion. This turn-key, established business offers immediate income, respected brand identity, and growth potential in a solid metropolitan market.
About the Business
Years in Operation
7
Employees
11 (1 Full-time, 10 Contractors)
The owner is the only employee and uses subcontractors for each job.
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
This is an asset-light business. All inventory is managed on a prepaid basis. The assets included in a sale would be two trucks, dehumidifier equipment, assorted tools, and a limited amount of inventory left over from previous jobs.
Market Outlook / Competition
The business profits from a strong residential market in a metropolitan area of Colorado. Most customers are middle-to-upper income homeowners. Demand is driven by an aging housing stock, lifestyle upgrades, and an influx of new homeowners. Customers demand design expertise, product knowledge, high-quality craftsmanship, and professional, efficient project management. Most competitors focus on fast remodels without the attention to detail that this business is known for.
Opportunities for Growth
Hiring sales staff and project managers would dramatically increase capacity. Increasing the geographic service area would also offer increased sales. The water damage remediation business in particular generates high margins and offers excellent growth potential.
About the Sale
Seller Motivation
The seller wants to focus on another business in an unrelated industry.
Transition Support
6 weeks of support and training is included with purchase price. Additional consulting would be possible by mutual agreement between buyer and seller.
Financing Options
10% seller financing may be possible.
Listing Info
ID
2407813
Listing Views
782

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Business Listed by: John Hornblower VR Business Brokers of Aspen/Snowmass, CO

Listing ID: 2407813 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.