Loading…

For Sale: Design and Build Remodeling Business - , California

$299,900.00

Asking Price

 Design and Build Remodeling Business Business For Sale
Design and Build Remodeling Business Company For Sale

Description

Profitable, full-service, residential/commercial design & build remodeling business specializing in “green” products & construction materials.  Design showroom in Noe Valley, with cabinets, flooring, countertop tile, & other samples on display. A reputation for excellence for well over 30 years.

 

Serving the San Francisco Bay Area, this business is a superb design-and-build remodeling and interior design contractor, with a comprehensive retail showroom and design studio in a prime commercial area. They specialize in kitchen and bathroom remodeling, interior design, whole-house remodeling and additions, residential and commercial general contracting, construction services, and complete design-build project management. Customer satisfaction is extraordinary, earning them a 5-Star Yelp rating.

 

The current owner acquired the business several years ago, continuing over 30 years of a sterling reputation for excellence.  Customers meet with the staff in a comfortable, appealing setting with sample displays of products, from cabinets, flooring, fixtures, and more. The business maintains excellent relationships with over 100 supply vendors, easily transferable to a new owner.

 

The business enjoys consistent sales, fueled by returning customers and enthusiastic referrals. The majority of their work comes from referrals and word of mouth.

 

The current owner will be very open to negotiating a reasonable period for training and transition as part of the purchase price. Furthermore, the seller will arrange to stay on as an “RME” (“responsible managing employee”) to keep his license available while the new owner qualifies for their own.

 

Facilities:  The business operates out of a tasteful 1,480 sq. ft. space in the Noe Valley neighborhood of San Francisco, a peaceful and accessible part of the city.  The entire space is a showroom for the various products they sell and for the type of work they do.  There are dozens of sample installations from several manufacturers, cabinet makers, and office space where 4-5 people can comfortably work.  The current office and showroom may be retained subject to negotiation with the landlord, who is very receptive to a new tenant.  Current rent is $3,100/month.

Staff: All 1099 sub-contractors; a combination of full-time (including one working owner) and part-time.

Financial Data: Gross Sales Revenues for the past two years (“post-Covid”) have been about $800,000 per year. Seller’s Discretionary Earnings (SDE) are estimated at $90,000 annually

Fair market replacement cost of furniture, fixtures, & equipment (FF&E) is estimated at $50,000.

Upon discussion with the seller, a serious buyer will be provided access to all financial data for the past several years, and, during due diligence, will have full access to all tax and bank records as well as all data to verify actual EBITDA and Seller’s Discretionary Earnings (“SDE”).

The Transaction: The seller is open to all reasonable offers and terms; the seller will make adjustments as appropriate or necessary to assure the completion of work in process at the time of the business transfer. The business is being offered for $299,900, approximately 37.5% of annual sales, including all assets except accounts receivable, cash-on-hand, leasehold security deposit, and re-saleable inventory. This is for the entire business — tangible assets: tools, tooling, fixtures, apparatus; intellectual property: website, trademark(s), logo(s), highly-valuable trade name(s), methods of operation, vendor/supplier resources, customer lists, etc.; sales backlog; goodwill.  It does not include cash, accounts payable*, accounts receivable, or security deposits. Materials Inventory (if any) is extra at actual cost.  (*Seller is responsible for A/P and payroll through the date of Closing.)

 

To get more information about this Design and Build Remodeling Business business for sale in please phone Tim Cunha (Intermediary, Resource, Broker - BRE License #:01919755) at 650-600-3751 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286035 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Design and Build Remodeling Business, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01919755. EvergreenGold Business Advisors.

Show more

Contact

  1. Name: Tim Cunha
  2. phone iconPhone: 650-600-3751
  3. phone iconPhone: --

Details

  1. Asking Price: $299,900.00

  2. Down: Call / Email

  3. Cash Flow: $89,000.00

  4. Revenue:    $800,000.00

  1. Area:

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & Support

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Tim Cunha Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today