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Sold – Home Based & Very Profitable Renovation Company

  • LISTING #: 21507

  • Sold!

    seller

Description

Want to make a great living with the flexibility of working remotely? Then don’t miss out on this opportunity to own a nationally and highly acclaimed NARI certified remodeling company with an A+ BBB rating. With a strong reputation and following that has been thoughtfully cultivated over the span of 30 plus years, this business has the proven ability to generate more than 300k+ cash flow annually. The entire operation was specifically designed and modeled by a husband-and-wife team so it can be managed remotely from their local home office and out-of-state second home. They have proven the concept by successfully operating the business while living a comfortable lifestyle for many years. Their work has been featured in major industry publications including Signature Kitchen & Bathroom magazine and collaborated on DIY networks’ To the Rescue for a basement renovation. The business operates with a superintendent and trusted network of subcontractors. The sellers are willing to offer a generous transition-training period & possible ongoing support. Please inquire to sign the NDA and receive more information. Revenue and Cash Flow are based on the 4 year average.

Business Overview

  • Revenue

    $1,152,884
  • Cash Flow

    $293,611
  • Year Established

    1991
  • Financing Available

    Yes
  • Full-time Employees

    1 FT

Asking Price

$299,000

Key Statistics

  • Year Established

    1991
  • Business Entity Type

    S-Corp
  • Geographic Area

    Chicago - NW Suburbs
  • 2022 YTD SDE Margin

    27%
  • Completed Jobs YTD July 2022

    17
  • Jobs in Progress as of July 2022

    14
  • Average Revenue per Job in 2022

    $59,482
  • Average Gross Profit per Job in 2022

    $16,417
  • Average Monthly Overhead in 2022

    $25,000

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