Very successful niche home remodeling business for sale!

Listing Number: 18009-966765

Description

A successful, mainly residential remodeling business serving the DC Metro area. With minimal marketing efforts the team has built strong referral partners which continue to support the business growth. The business has great performance records and completes work for private payors, non-profits, and state funded Medicaid programs.
Dedicated to delivering the best solution for their clients, the goal of the team is to deliver complete customer satisfaction for each project, providing quality workmanship, affordable pricing, and excellent customer service. This business has high sales and profit margins and opportunity to expand service areas for clients.

The business is ran semi-absentee with well trained staff in place. The owner is willing to train the buyer and consult for several months to help with business transition.

Business details:
2019 Sales: $4,081,414
2019 SDE: $1,239,726
Projected 2020: ~$2,000,000 – due to Covid-19 shutdown. Remodeling work is postponed providing a strong backlog
# of Employees: 8

Listing Details

  • Price: $4,000,000
  • Down Payment: $3,500,000
  • Sellers Discretionary Earnings: $1,239,726
  • Total Sales: $4,081,414
  • Location: District of Columbia, District of Columbia

  • Inventory: $200,000
  • FF&E: $206,000
  • Employees: 8
  • Year Established: 2004
  • Reason for Selling: Retirement
  • Category: Construction
Very successful niche home remodeling business for sale!

Contact Agent:

Thomas R Milana, P.A. CBI
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