Kitchen Remodel

Memphis Area Residential Services

Aggressively Priced! Expansion Potential!

Shelby County, TN, USA

Asking Price: $150,000

Revenue: $819,200
Net Profit: $125,000

Business Description

Profitable residential services business for sale in the Memphis, TN market.  This business is aggressively priced for a quick sale.  In business since 2017, the company has grown rapidly, and there is opportunity for a new owner to build on current success and expand to the next level of performance.

Offering a wide variety of both interior and exterior residential services, the company provides quality kitchen and bath remodels, flooring installations, window replacements, roofs and gutters, plumbing, electrical and much more.  As a result of impeccable quality and service, the business enjoys high ratings with the Better Business Bureau, on social media, and on all of the major rating services on the internet.

Social media marketing is the primary source of customers, and the social media campaigns are managed by an administrative assistant that is on staff.  All work is performed through captive sub-contractors, and strong relationships are in place with them.  High standards are maintained in meeting customer expectations in work standards, quality of work, and desired schedules.  Vendors are in place for products and materials needed for projects.

Year Established:

2017

Facilities/FF&E:

The business includes two vans, an enclosed trailer and miscellaneous tools, furnishings and equipment. A list of assets will be available from the owner during investigation. Business name, office phone number, internet and social media presence will transfer with the business There are no debts to be assumed. A lease or rental agreement will be required for the new owner.

Training/Seller Support:

The owner will provide 30 days of support to the new owner to transition business management responsibilities, introduce staff and subcontractors, and transition vendor relationships. In the event that the owner moves during this transition, activities will be coordinated with the new owner to schedule any remaining activities.

Growth/Expansion:

The business administrative assistant manages several online marketing strategies.
- Facebook - Posts are made to the company Facebook page that has over 1,500 followers.
- Targeted ads are placed on Facebook to specific zip codes
- Marketing with high star ratings and positive reviews on Home Advisor, Thumbtack, Google+, Nextdoor
- Better Business Bureau - A+ rating
- All customer contact information is available and will be transferred to the new owner to run email, mail campaigns, etc.

Owner Role:

The business owner is fully involved in the day-to-day operations. The work process could be systematized and many activities managed by others if desired by the new owner.

Real Estate/Facilities:

The business offices are located in a commercial space that is shared with another company.

Real Estate:

Leased

Reason for Selling:

Relocation


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