Business Description

Established in 1992, this Lincoln-based home remodeling business offers a wide range of services within a 30-mile radius, specializing in kitchen and bathroom remodeling, additions, flooring, and cabinetry design and installation. The company primarily focuses on remodels and additions, with a smaller portion dedicated to finished carpentry projects. Serving general contractors and homeowners, the business operates from a spacious 3,500 sq ft building with an office space on the second floor. The owner, considering a career change, is looking to sell, offering a transition period of 6 months to 1 year for the new owner. With a price of $715,000 and a 10% down payment of $71,500, the business generates $236,167 in the first year after debt payments. Growth opportunities include expanding the service area, developing proprietary tools, and implementing a marketing strategy. The owner currently spends about 20 hours per week managing financial oversight, quotes, subcontractors, and site visits.