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Price Drop Profitable Se Michigan Remodeling Co.
Location: United States -> Michigan
Industry: Business Services > Construction




Business Summary

Founded in 1996, the Company serves Southeast Michigan, offering services ranging from small to large additions, whole house remodels, kitchens, baths, basements, porches, decks, and even historic preservation.
The Company is certified by the EPA as a Lead-Safe Certified Firm, while several of the staff have completed the Certified Renovator training course. The Company boasts a vast portfolio of completed projects and raving customer testimonials. The Company's remodeling craftsmanship extends beyond aesthetic improvements, expanding into improvements in design to optimize structure and functionality.
The Company maintains strong relationships with subcontractors. The Company works with 38 separate subcontractors and maintains over 13 separate relationships that have lasted at least 15 years each.
The Company's constant top objective is and has always been quality-whether it comes to employees, subcontractors, suppliers, or products. They offer a three-year warranty to back this mission. The Company's subcontractors will not install a product they know will not last for years to come.
The facilities include two buildings totaling 5,247 square feet in space. The office building was built in the 1950s and includes 2,047 square feet of space with 9-foot ceilings. The warehouse building was constructed in the early 2000s and features 3,200 square feet of space with 14-foot ceilings. The Company is located on a busy thoroughfare and has excellent visibility. The buildings are in excellent condition with an estimated value of $600,000 (this value would need to be validated by an updated real estate appraisal in due diligence). The Owner is flexible to sell or lease the facilities to new ownership.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,791,782
Cash Flow:   $364,331
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1996
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Ownership is willing to provide reasonable and customary transition assistance.
Reason For Selling:  The Owner would like to retire.




Print Listing Id: 700365879
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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