|
Businesses For Sale > Business For Sale in Kentucky (KY)
Growing and Profitable Residential Remodeling Co. for sale in KY
Kentucky (KY)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 3,775,000 |
$ 8,573,747 |
$ 1,145,567 |
Furniture and Fixtures Value:
$ 448,000 (included in the asking price)
Inventory Value:
$ 50,000 (included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
This is a well-established residential remodeling company with a multi-location presence in Kentucky. The company has been in operation for over three decades and benefits from a strong reputation and a proven business model. It provides specialized remodeling services, primarily focusing on bath areas, with a mix of proprietary and well-known product offerings. The company has developed significant relationships with national home improvement retailers, which drive a substantial portion of sales. Operations are supported by experienced management and a skilled team of installers, allowing for quality control and scheduling efficiency. Growth can be achieved by expanding marketing efforts and service offerings within its existing territory. The SDE shown are accrual and based on the Last Twelve Months through 5-31-25.
|
|
|
| |
|
| Year
Business was Established: 2005 |
| |
|
| Number of Employees:
30 FT/5 PT |
|
| |
|
| Facilities / Terms of Lease:
The company operates from strategically located facilities, including a showroom and warehouses. The showroom is situated in a central location with convenient access to major roads. Warehouses are located in industrial areas, providing efficient access to major highways. The facilities are in good condition and support the company's operations. |
|
| |
|
| Potential
Growth/Expansion:
The company has several avenues for potential growth. These include increasing the marketing budget, improving sales closing rates, and adding vertical services such as kitchens and windows. The company identifies growth opportunities in specific service areas and geographic locations. The company projects a revenue growth rate for the next year. |
|
| |
|
| Competition:
The company operates in the competitive residential remodeling industry, which includes other remodeling companies and home improvement service providers. The company differentiates itself through exclusive product offerings and employs its own installation teams to ensure quality control. The aging population presents a significant growth opportunity for the industry, as "aging in place" becomes more prevalent. |
|
| |
|
| Owner
willing to finance:
Lender pre-screened with $377,500 down. |
|
| |
|
| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
|
| |
|
| Reason for selling:
Retiring. |
|
| |
|
Seller Reference Number: 1308-19043
BusinessMart.com Listing Number: 318031 |
|
|
To request more information
on this business
please fill out the form shown right 
|
|
|
For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
|
|
