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
