Home Remodeling Business for sale
Price: $765,000
Annual Revenue: $1,584,000
Net Cash Flow: $347,000
Industry: Construction
Location: Cook County, Illinois
Reputable home remodeling and design business serving the Chicago area for 29 years.
Most projects are residential exterior and interior remodels. Because of their excellent attention to detail and great reputation, most of their business comes from referrals and word-of-mouth.
The seller is retiring and will stay on for a reasonable amount of time to allow for an easy transition.
A new owner could easily take this business to the next level by adding light commercial services.
Their 9 long-term employees will continue in their roles, ensuring operational continuity.
PLEASE NOTE: Only buyers with home remodeling experience will be considered.
Listing Details
Reason For Sale:
Retirement
Training & Support:
The seller will stay on for a reasonable amount of time to ensure a smooth transition.
Operation
Year Established: 1995
Employees: 9
Location
Facilities Information:
This is a home-based business.
Summary
Competition:
The home remodeling market is very hot since most homeowners are staying put because of high interest rates. In addition, most home remodeling businesses don’t offer design services so competition in the remodeling/design sector is lower than average.
Potential Growth:
A new owner can take this business to the next level by adding more light commercial services. Currently, they cater to the residential market.