MergerPlace

Home Improvement and Design Business

Maryland (Montgomery)


  • Asking Price: $999,995
  • Gross Income: $1,633,095
  • Cash Flow: $311,463
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $10,716
  • Listing ID: #212182
  • Established: 2007
  • Employees: 6 FT / 1 PT

Business Description

This contractor business offers a full scope of services from design to home improvement. The design services specialize in updating existing space, utilizing personal items, accessorizing and transforming a room to an exceptional living space based on the clients needs. With over 20 years of professional home improvement experience, licensed and insured, they have many satisfied long time clients. They have designed bathrooms, kitchens, basements and many more complex projects.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Maryland
County: Montgomery

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT / 1 PT

Financial Information

Asking Price: $999,995
Gross Revenue: $1,633,095
Cash Flow: $311,463
FF&E: $10,716
Seller Financing Available: Yes

Property Information

Facilities:

The studio is 1350 sq. ft. Rent $1194 per month. Lease is through 4/30/2021 with a five year option.

Growth & expansion opportunities:

The business is doing so well and is highly profitable, however, there is still room for tremendous growth. The owners choose not to take on more opportunities to keep income and growth at a certain level.

Competition:

The design and home improvement market is very competitive. This company has carved out their differentiation to deliver a quality dependable service which stands out from the competition. They have a substantial amount of repeat business.

Reason for selling:

The owners would like to do something else and work towards retirement.

Support & Training:

Will train for 14 weeks @ $10,000 cost. This contractor offers design work and home improvement general contracting services.

Contact Business Seller

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Business Listed By:

Michele Pouliot

Murphy Business Brokers