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Residential Remodeling Company

Location: Northern Virginia

ID: (#200885)

This Business Has Been Sold.
200885
Price:$1,250,000
Revenue:$3,335,898
Cash Flow:$342,214
FF&E (Assets):$0
Inventory:$0
Real Estate:$0

Overview

Company focuses on Residential Remodeling Services, specializing in Kitchen and Bath Remodels and Basement Build Outs. The company has enjoyed consistent, profitable performance year over year. On pace for 30% revenue and earnings growth in 2022.

Turn-key operation, with management and systems in place to run day-to-day. Owner works part-time and manages operation remotely. The company has built an excellent reputation across key online platforms and is known for delivering reliable and high quality services. The majority of their business comes from customer referrals and repeat business.

Additionally, the business leverages a showroom to allow customers to see products first hand and select cabinets, counter tops and other finishes. Everything is sold within a “tiered package” to ensure consistency in the quality of materials, budgeting and supply chain.

Details

Reason for Selling:

Retirement

Established:

2001

Employees:

20

Furniture, Fixtures, and Equipment (FF&E):

Includes all trucks, trailers and tools plus showroom FF&E.

Facilities:

N/A

Inventory:

N/A

Opportunities for Growth:

Located in a desirable, high growth Northern Virginia suburb that offers significant opportunities for growth in service offerings and/or regional service area expansion.

Support and Training

The seller is committed to ensuring a successful transition of the business.

Broker Contact Information

  • Zach Reed
  • Virginia - Richmond
  • (678) 897-0325 Mobile
  • (804) 302-4647 Office
  • (804) 348-0286 Fax
  • Appointment Only:
  • Taylor Properties
  • Virginia - Richmond
  • By Appointment Only
  • Richmond, Virginia
  • Real Estate Broker: Taylor Properties