Price: $1,200,000
Location: El Paso County, CO
Industry: Building and Construction
Listing ID: Kitchen1
Listing Status: New
Turn Key Business
This diversified and established construction business has a proven track record of quality remodels of kitchens and bathrooms, basements, as well as water damage remediation. The business utilizes specialty sub-contractors and oversees each project individually, from conception to completion. This turn-key, established business offers immediate income, respected brand identity, and growth potential in a thriving market.
Down Payment: N/A
Total Sales: N/A
Cash Flow: $283,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $61,000
FFE Included: Yes
Inventory: $3,000
Inventory Included: Yes
Year Established: 2019
Non-Owner Payroll: N/A
Employees: 1 (owner)
Absentee Owner: No
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Relocatable: Yes
Facilities Information: This is an asset-light business. All inventory is pre-paid, except for excess inventory left after jobs are finished. The assets includedin a sale would be two trucks, assorted tools, and dehumidifier equipment.
Terms and Conditions?: 10% seller financing is offered in order to help secure an SBA acquisition loan.
Reason For Sale: The seller owns another business in an unrelated industry which demands his full time.
Training & Support: 6 weeks included with purchase price, with consulting possible by agreement between buyer and seller.
Competition: The business thrives on a growing residential market in a metropolitan area of Colorado. Most customers are middle to upper income homeowners. Demand is driven by an aging housing stock, lifestyle upgrades, and an influx of new homeowners. Customers expect design expertise, product knowledge, high-quality craftsmanship, and professional, efficient project management.
Potential Growth: Hiring additional sales staff and project managers would dramatically increase capacity. Increasing the service area would also offer increased business volume.