Established Residential Renovation Company

Listing Number: 67675-629136

Description

This 21-year-old company located in New England is well diversified into 3 aspects of remodeling:

• Residential work in single-client homes - kitchens, bath remodels, additions, garages, attic/basement buildouts, etc. They are focused on higher-end clientele. This has been their bread-and-butter and is what they've built their reputation on.

• Residential work in a quasi-commercial setting for a national company that operates group homes for residents that have various levels of neurological issues. This specialized work is primarily remodeling single-family homes into group homes.

• Handy Man Services for smaller jobs. They use subcontractors to do work that is too big for the DIYer, but not big enough for a full-scale remodel. They run these projects off a work order system. It takes minimal administrative time and has been very popular and profitable.

• SDE for 2021 was over $200,000 and 2023 YTD shows the company is back on track to produce the same percentage of SDE.

Listing Details

• Price: $360,000
• Down Payment: $360,000
• Sellers Discretionary Earnings: $114,472
• Total Sales: $1,387,216
• Location: New Hampshire


• Inventory: $0
• FF&E: $162,500
• Employees: 7
• Year Established: 2002
• Reason for Selling: Retiring
• Category: Construction