Details

Mar 8, 2018For 25 years, this business has provided design, build and furnishing services for wealthy clients in a zip code listed by Forbes Magazine as the 3rd highest average home price in the nation.
The owner manages a staff of 8 employees that includes a full-time architect, a licensed General Contractor, an interior designer, an office manager, a production manager, a master carpenter, a designer intern and a part-time IT person. The owner oversees the business and she does no building. Clients choose this firm not only because of its stellar reputation but because it provides the entire process from initial concept discussions with the homeowner to providing furnishings and accessories for the finished project.
This firm is a cut above the typical residential remodeling contractor because it provides complete design plans and details in its bids. As a result, project cost increases are minimal because the client and the firm have an exact understanding of all the details.
Sales for 2017 were $3.7 million with Sellers Discretionary Earnings of $1,191, 058. Prior years earnings were $668K, $672K and $523K. 2017 improved because the owner subcontracted work when the staff was fully committed, increasing the total revenue substantially.
Owner is selling to retire and will provide training for the buyer.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted.

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