Established Kitchen and Bath Remodeling Business in NVA
Listing Details
- Down Payment: $1,950,000
- Sales: $2,831,253
- Seller's Discretionary Earnings: $611,842
- Inventory: $5,000
- Furniture, Fixtures, and Equipment: $60,000
- Employees:
- Year Established: 1995
- Reason for Selling: Other Interest
Business Description
This business presents an excellent opportunity to acquire a family-owned, home-based remodeling company with over 20 years of successful and profitable operation. Serving the diverse needs of General Contractors, Property Managers, Hotel Owners, Churches, Schools, and Custom Home Builders, the business provides commercial tile and stone services including marble, granite, ceramic, and porcelain, for floors and walls in baths, kitchens, lobbies, entry ways or any room. Also, they provide plumbing and demolition services, eliminating the need for a second contractor.
For maximum efficiency and profitability, the business utilizes the "Modern Contracting Operating Model" with two part-time w-2 employees assisting the Seller with sales, permitting, material ordering, scheduling, and accounting, and eight 1099 contract technicians providing installation services. All employees and contractors will likely stay after the sale. All installation technicians are expert craftsmen and trained to be homeowner and/or tenant friendly, punctual, neat and clean. The service schedule is reviewed daily to ensure the correct number of team members are assigned to complete each project on time and on budget.
An excellent customer reputation along with diverse and proven service offerings provide continuous requests for estimates with little or no advertising expense. The products and services currently driving sales are;
Custom safety and comfort solutions, including walk-in tubs, tub-to-shower conversions, and handicap-accessible showers.
Premium custom-fit acrylic bath systems are available in over 21 high-demand color combinations (solids, marbles, and granites).
High-quality bath and kitchen materials and fixtures through the businesses strong, established supplier relationships with industry-leading brands such as; Moen, Kohler, Dal Tile, Microban, Danze, Aristokraft, and Norcraft.
All systems and premium material vendor connections are firmly in place for a seamless ownership transition.
The sale is envisioned as an asset sale including the name, all equipment, vehicles, phone numbers, websites, customer records and admin files. The seller is willing to provide training for sixty-days and then stay on for a longer period as a paid salesperson to ensure a smooth transition. This is an ideal acquisition for an existing contracting firm looking to expand its footprint or an entrepreneur seeking a reputable, ready-to-operate business in a growing
