Residential Custom Home Building & Remodeling Services (37597)

Financial & Assets Details

About the Business

Business Description

Long-established and successful business with additional income! Company is a general residential contractor providing renovation solutions for various housing projects, as well as designing and building high-end custom homes. Now owning a bath-refitting company making $1.2 Million in sales annually, primary services include remodeling for kitchens and lavatories as an authorized dealer for name brand cabinets, fixtures, doors and windows. Currently holding operations within 12,000 square feet out of a 13,000-sq.ft. facility (about 1,000-sq.ft. is leased to another tenant), workplace features storefront space, a showroom, offices, and storage/warehousing areas. Situated in a popular state with flourishing populations, asking price includes the real estate or can be negotiated to consider a leasing arrangement. Company boasts a proven track record supported by more than four decades of constant, effective business with broad ranges of products and marketing efforts that focus on targeting Southern Arizonians. Revenues have been steadily increasing over the past seven years due to continuing improvements in the local economy that attract newcomers and maintain recurring clients. Thanks to solid reputations and their large customer base, Sales grew 16% into 2021 from $2.9 Million in the prior year, to an extra 35% into 2022 with Revenues up to $4,661,000 alongside Discretionary Earnings of $781,000 after SDE’s of almost $1.1 Million previously.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Location Details:

Facility is Leased.

Support & Training

Owner Transition period of 3 months.

Reason for Selling:

Approaching retirement.