0 Confidential Listing/Undisclosed AddressMinneapolis, MN 55487

Property Details for 0 Confidential Listing/Undisclosed Address

Property type

Commercial real estate

Description

This exceptional Minneapolis-area kitchen and bath remodeling business is offered for sale at $665,000. Boasting a strong reputation and consistent client reviews, this turnkey operation has thrived for 26 years, successfully navigating economic downturns including the last recession and the COVID-19 pandemic. The business currently generates $1,327,772 in gross revenue, with a Seller's Discretionary Earnings (SDE) of $143,987. The sale includes $475,215 in furniture, fixtures, and equipment (FF&E), and $12,800 in inventory. Seller financing of $365,000 is available. The company employs six individuals and operates with a unique business model featuring six distinct revenue streams, ensuring consistent workflow regardless of economic conditions. The owner, retiring after 26 years, works 50 hours per week. Operating hours are 9-5 Monday-Friday by appointment and 10-2 Saturdays open to the public. This well-established business offers a unique opportunity for a buyer to acquire a profitable and reputable company with significant growth potential within the Twin Cities metro area (zip code 55487). The business's competitive advantage lies in its "one-stop shop" approach, providing clients with a complete service from start to finish, eliminating the need for multiple contractors. This streamlined process ensures efficient and timely project completion. All systems are in place for continued, consistent performance and future expansion.

Location Insight

City

Minneapolis

County

Hennepin

State

Minnesota

Latitude

44.9765

Longitude

-93.2663

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