Great opportunity to purchase an established full-service home remodeling company with a 30-year history of success. They serve the following IN Counties: Marion, Hamilton, Hancock, Johnson, Boone, Hendricks and Madison counties. They will travel for new and existing customers for up to approximately 45 minutes from Indianapolis downtown monument circle, this encompasses all of Marion County and parts of all the other counties mentioned.
The company has a solid reputation that has a history of exceeding quality expectations. The company’s reputation length of time in the market yields a steady stream of referrals and new business. Our experience and expertise extend from complete bathroom remodeling to full-scale custom residential construction. Employees have the knowledge and skill to complete the entire project.
The Company focuses on the design, construction, and installation of the following: Bathroom design and remodeling, kitchen design and remodeling, room additions and second story additions, historic renovation, multi-room, large-scale renovations, siding doors & windows and decks.
This company separates itself from the competition and from other residential builders and remodelers in that the actual work is done by its own employees, not subcontractors – it focuses on providing a “turn-key” service. Owning the crews enables them to manage projects more effectively, to better control quality, and to maintain important project timelines.
$1,100,000
| Gross Revenue | Cash Flow | EBITDA | Inventory | FF&E | Real Estate |
| $2,339,000 | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Leased |
About the business
| Location: | Marion County, IN |
| Year Established: | 1993 |
| Number of employees: | 12 employees. (10 full-time and 2 part-time) |
| Facilities: | Office available for rent. rates attractive and negotiable. |
| Market Outlook / Competition: | Limited competition in the area that can match the reputation and quality of this company. |
| Growth & Expansion: | Room for growth to expansion into commercial. Owner has had as much consumer home remodeling business with a backlog. But new owners have plenty of room to grow and consider commercial. |
About the sale
| Reason for selling: | Retirement |
| Training / Support: | The owner is also flexible and is willing to consider staying on for a period of time, depending on the needs of the buyer, to not only assist with the transition, but also to assist in the future success of the company that they built. |
| Seller Financing: | Owner will consider financing up to 20% of the sale price subject to approval. (would require majority of the purchase to be paid in cash or through) |
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