Remodeling Company Doing Business Almost 50 Years
Burlington County, NJ
Asking Price :
$ 2,500,000
Cash Flow :
$ 250,000
Gross Revenue :
$ 6,000,000
Inventory :
$ 30,000
FF&E:
$ 225,000
Year Started:
1977
Business Description
What a great opportunity to own a long standing remodeling business with an excellent reputation. This well established business has been serving customers for almost 50 years. The company specializes in renovating kitchens and bathrooms but they also design and build customized home additions. They have a solid foundation and they are very well known in the areas they currently work in. A new owner could easily expand into other areas of construction.They own a stunning 3,000 square foot space with a showroom, offices, and a conference room. They even have an apartment on the property that they rent out for additional income. This real estate is also for sale with this business. There are kitchen and bath designers on staff that will stay on with the new owner as well as the construction crews that do the renovations. A new owner could add an additional gallery in a nearby community to add additional clients.
Great opportunity to add a successful venture with huge upside potential to your existing construction portfolio.
Detail Information
Location: Burlington County, New Jersey
Inventory : Yes Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Sale
Building SF : N/A
Real Estate Value: $ 500,000
Is Real Estate Included in Asking Price?: Not
Employees: 23
Year Established: 1977
Reason for Selling: Retirement