Booming Home Renovation Business for Sale for 1.6X SDE

Business
  • Listing# : 18086
  • Listed Price : $400,000
  • Total Sales : $1,449,344
  • SIC : 1799
  • Down Payment : $40,000
  • Status : Under Contract
  • Discretionary Earnings : $246,100

Business Type :

Construction / Contractor Home Improvement

Business Description :

This high-end residential remodeling business captures the margins of a high-end kitchen dealer and high-end contractor.  Family owned for six-decades, we have launched a confidential sale process to transition ownership.  With virtually no advertising expense, the business operates with a sterling reputation in Fairfield, New Haven and Litchfield Counties which are among the wealthiest and most-house-focused demographics in America.

Based on its reputation, repeat business and referrals, business is booming:  Between January 2024 and March 2024, the business booked over $2.1 million in new orders.  

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl : Available
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $60,000
    • Incl : Yes
    • Other: $340,000
    • Incl : No
    • Leasehold $0
    • Incl :
    • Total Assets $60,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Construction
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