Growing Specialty Residential Remodeling Contractor (semi-absentee)

Resized
  • Listing# : 13830
  • Listed Price : $585,000
  • Total Sales : $2,128,674
  • SIC : 152113
  • Down Payment : $96,525
  • Status : Active
  • Discretionary Earnings : $284,983

Business Type :

Construction / Contractor Home Improvement, Construction / Bldg Renovations, Construction / Contractor Installer, Construction

Business Description :

Established, growing residential remodeling and renovation company with a 10-year plus track record! Just landed designation as a Service Provider with a national big box home improvement store -- could add an additional 10-20%.  Enjoy a well-developed local reputation coupled with the national brand name recognition and support provided by one of the premier franchisors in the industry. Attractive territory located in the Coastal Carolinas, with room for continued growth! Strong brand name and market presence, proven sales and marketing programs, experienced managers, sales team and crew makes this a turnkey acquisition. Currently semi-absentee owned, the buyer could continue to operate it semi-absentee or become a full-time owner-operator.

YTD profit is up 16% over the same period last year. 2018 Revenue is on track to up 20% over 2017. Financials shown are for the last twelve months ending 6/30/18.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $15,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $37,500
    • Incl : Yes
    • Other: $60,000
    • Incl : Yes
    • Leasehold $35,000
    • Incl : Yes
    • Total Assets $147,500
    • Incl : Yes

Lender Prequalified: Yes

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Construction