Remodeling Experts in Marin & Sonoma - Kitchen & Bath,
Home / Listing / Remodeling Experts in Marin & Sonoma - Kitchen & Bath,
Background
| BizEx ID: | BizEx1447-EM |
|---|---|
| General Location: | Marin and Sonoma Counties, CA |
| Category: |
Consumer Services (B2C) Construction |
| Years in Business: | 38 |
| Under Present Owner: | 38 |
| Hours of Operation: | Mon-Fri, 8:00 - 5:00 |
| Owner Hours: | Varies |
| Training: | 4 weeks @ 40 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 2025 |
| Lease Options: | Buyer to Sign New Lease |
| Building Size: | 1,560 |
| Employees: | 14 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $1,250,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $3,500,000 |
| Discretionary Cash Flow: | $Call |
| FF&E: | $150,000 |
| Inventory Included? | Yes |
| Inventory: | TBD |
| Min. Operating Capital: | TBD |
| Real Estate Available? | No |
| Rent: | $2,200 |
| Payroll: | $50,000 |
| Financing: | Call |
Description
Home Remodeling Specialists for all facets of residential construction - Kitchens, Bath, Door Replacement experts. They design and build all projects.
The company has been a success residential home builder and remodeling company for the better part of the past 44 years. Great reputation and very profitable. The company is comprised of 3 separate divisions.
They operate in the high income areas of Marin and Sonoma counties They have excellent reviews and thousands of happy customers.
It has recently increased it’s foot-print with two additional divisions that show potential but are not realizing profits yet. However, the owner would like to exit and sell to someone with the energy, resources and expertise to help the entire operation realize profitability soon.
- Strong and Effective Marketing Programs - CEO, Social Media, Print, Past Clients and Referrals
- Seasoned Management and Build Teams in place
- Quality Products at affordable prices - very competitive in the market
NOTE: the company is currently operating in the RED in 2024. The seller is looking for a seasoned construction company that would be interested in buying them out. He is hoping that this company could "right the ship" and streamline operating to become profitable again. Price and terms are negotiable. Call for more details. We are only engaging with qualified construction operators.
For more information, please complete the BizEx Buyer Registration at https://www.bizex.net/buy-business/register.
After registration that includes an online NDA, Brokers Eric Mellem and Dan Higgins can assist with any questions.
Eric Mellem emellem@bizex.net (310) 293-6414 and Dan Higgins dhiggins@bizex.net (714) 719-1809
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
