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Project Management, Design & Remodel for Homeowners

With higher interest rates, less people are moving – demand for remodel is up!

CASH FLOW
$310,097

Specifications

  • Price
    $1,085,000

  • Revenue
    $2,685,066

  • Cash Flow
    $310,097

  • Down Payment
    10%

  • Multiplier
    3.50

  • Location
    North Platte, Nebraska

  • Service Area
    Service Area: 100-mile radius of North Platte

  • Valuation
    $1,085,339

  • Profit Margin
    12%

 

Design, Remodel and Project management for homeowners with residential renovations including kitchen & bath, countertops & cabinetry and home additions. They have a team of skilled professionals who can transform any room into a beautiful and functional space. The dedicated team includes: two carpenters, one designer, one marketing professional, and one bookkeeper. The owner is active, providing leadership, overseeing estimates, and meeting with clients. The owner does NOT do any design work. This can be run remotely. The business operates out of a 2,400 square foot showroom for only $1,887 per month. The reason for selling is the owner's retirement planning, though he is looking forward to staying on board for 2-3 years. The owner is willing to finance 10% of the purchase price in order to show his vested interest in the continued success of the business post-close. Priced at $1,085,000, a 10% down payment of $108,500 will return $153,878 in the first year after debt payments! A 141% return on investment! Their full-service approach covers all aspects of interior design, including bathroom remodeling, cabinet installation, and home design.

 

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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f 402.939.0857

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.