High-End Home Improvement Business - City, State

Featured on BusinessForSale.com . 15 viewed

Asking Price

$3,000,000

FOR SALE - ACTIVE

Detailed Information

Location

Brooklyn, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This established home improvement business reported revenue of $2,145,000 in 2023, yielding an adjusted net income of $750,000. The company operates with a team of five in-house employees and relies on seven specialized subcontractors for various services. Their client base consists of 30% commercial and 70% affluent residential customers. The owner is actively involved in the business, dedicating 25 hours per week while in town and traveling 3 to 4 months per year. The business holds a home improvement contractor license, enabling it to efficiently manage upscale projects. With over $200,000 worth of equipment and inventory included, the company is well-equipped to handle high-end engagements. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION. Overall, this well-established home improvement business has a strong financial track record and serves a mix of commercial and affluent residential clients. With a combination of in-house staff and specialized subcontractors, the company is well-positioned

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