Details

This is a company focused on a unique niche in the remodeling industry: garage reorganization. The business has consistently grown in the past 4 years and even grew during the pandemic as consumers focused on optimizing the square footage of their homes.

Revenue for the twelve months ending September 2021 was $2 million with Seller's Discretionary Earnings (SDE) of nearly $545,000 which reflects a 16% and 38% increase from the 2020 calendar year respectively. 2020 sales of $1,725,000 and SDE $395,000 represents a 14% increase and 23% earnings increase from 2019.

The customers are primarily located in higher-end homes in the Southern California community and a significant portion of the market remains untapped. The owners of the business are the original founders and wish to retire. They will reasonably assist the owner for a transition period to do what they can to continue the success of the business.

This is a highly confidential matter and no information will be shared until a signed confidentiality agreement and profile form confirming the financial wherewithal to purchase the business.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.