Kitchen,Bathroom,Hiome Design and Remodeling Company

Grand Rapids, MI (Kent County)

Kitchen,Bathroom,Hiome Design and Remodeling Company

Asking Price:$450,000

Cash Flow:$225,000

Gross Revenue:$1,700,000

EBITDA:$150,000

FF&E:$99,500

Inventory:N/A

Real Estate:$450,000*

Established:2002

*not included in asking price.

Kitchen,Bathroom,Hiome Design and Remodeling Company

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Business Description

This company specializes in home design and remodeling of all types while providing the highest levels of confidence and satisfaction at every stage of any remodeling project. They design and remodel kitchens and bathrooms as well as whole houses. home additions, and basement finishes. Their services include an idea filled showroom, a full service remodeling team, in house designers, and in house installation teams. The also help with aging in place design,promote green design , and are a lead paint modeler. From start to finish this company works with the customer from projects as small as a fireplace to an add on to a house to help choose the best products and amenities to use in order to meet the customers needs

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
6,000
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Building with Design showroom, office and warehouse is available for purchase. It has 6000sq ft of which 1800 is ware house space and 4200 is office space. The building has two rental offices
Competition:
The business has a loyal customer base. The business has a reputation for high quality furnishings,interior design expertise, and treating their customers with integrity and respect. They have received several awards over the years for their customer-based service and satisfaction and regional business recognition.
Growth & Expansion:
The business captures customer information which can be used for marketing. The company has an excellent web site that showcases their work and explains their business values and practices. Future growth will come from increased website traffic, and building relationships with satisfied customers,designers,referrals,and web & traditional marketing.
Support & Training:
Seller will provide guidance and consulting during the transition period.
Reason for Selling:
retirement

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Jack Snyder

Business Listed By:
Jack Snyder

Snyder Partners inc

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