Project Management & Design Layout for Homes – Owner is only a Visio

Asking Price$985,000

Cash Flow
$310,097
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,685,066

Inventory$471,435
Included in asking price
FF&ENot Disclosed

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Project Management & Design Layout for Homes – Owner is only a Visio


Asking Price$985,000

Cash Flow
$310,097
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,685,066

Inventory$471,435
Included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Design, Remodel and Project management for homeowners
with residential renovations including kitchen & bath,
countertops & cabinetry and home additions. They have a
team of skilled professionals who can transform any room into
a beautiful and functional space. With higher interest rates,
less people are moving – demand for remodel is up! The
dedicated team includes: two carpenters, one designer, one
marketing professional, and one bookkeeper. The owner is
active, providing leadership, overseeing estimates, and
meeting with his team. The owner does NOT do any design
work or labor. This can be run remotely. The business
operates out of a 2,400 square foot showroom for only $1,887
per month. The reason for selling is the owner's retirement
planning, though he is looking forward to staying on board for
2-3 years. The owner is willing to finance 10% of the
purchase price in order to show his vested interest in the
continued success of the business post-close.
Priced at $985,000, a 10% down payment of $98,500 will
return $162,829 in the first year after debt payments! A 165%
return on investment! Their full-service approach covers all
aspects of interior design, including bathroom remodeling,
cabinet installation, and home design.
About the Business
Years in Operation
35
Number of Employees
5
Currently Relocatable
Yes
Facilities & Assets
Assets Included in Purchase: $454,576
Opportunities for Growth
Adding more staff members to handle
the influx of work they are experiencing.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$1,887.00 per month
About the Sale
Seller Motivation
Age – retirement planning.
Transition Support
1 year
Financing Options
10% Buyer Down Payment $98,500 10% Seller Financing $98,500 80% Bank Loan $788,000
Listing Info
ID
2158963
Listing Views
3475
Attached DocumentsAttachment Disclaimer

a_Summary_AEI028_E.pdf


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Business Listed by: Jared Olson The Firm Advisors, LLC

Listing ID: 2158963 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.