Business Description

Established in 1992 and located in Lincoln, Nebraska, this home remodeling business serves a 30-mile radius with services such as kitchen and bathroom remodeling, additions, flooring, cabinetry, and virtual reality walk-throughs. The company focuses 90% on remodels and additions, with the remaining 10% on finished carpentry projects for general contractors and homeowners. The business, housed in a 3,500 sq ft building with storage, workshop, and office spaces, is currently for sale due to the owner's intended career change. The owner dedicates about 20 hours per week to managing finances, quotes, subcontractors, and site visits. Priced at $715,000 and with a 10% down payment of $71,500, the business yields returns of $236,167 in the first year post debt payments. The transition period for the new owner ranges from 6 months to 1 year, depending on their desired involvement level. Growth opportunities include expanding