Kitchen, Bathroom and Flooring Installer/Remodeler

Based in Arizona, the Company provides kitchen, bathroom, and flooring installation and remodeling services. The Company works with a variety of materials including: tile, luxury vinyl, countertops, carpet and wood. It specializes in tile flooring, showers, custom countertops, and backsplashes. Company partners with leading suppliers and it is the sole authorized dealer for some of these suppliers in its local market. Profit margins for products range from 25% to 50%, and margins for labor range from 35% to 45%. Over the historical period, no single customer accounted for more than 7% of revenue. With over 2,500 clients, Its diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. Investment Considerations: Strong Historical Sales Growth: Historical sales have grown from $1,760,000 in 2019 to $2,590,000 in 2021, representing a compound annual growth rate of 21.3%. Sales have grown consistently year over year in the historical period. Rising Gross Profit Trend: Throughout the historical period, gross profit increased from 35.2% of sales in 2019 to 43.4% of sales by the end of 2021. The Company has been able to efficiently control its cost of sales after high growth, demonstrating its ability to maximize profitability potential Unique Local Business: The Company is the only remodeler/installer in its local market that has materials in its local warehouse to show customers. It is also the sole authorized dealer for some of the top suppliers in the industry. Management Will Remain through Transition: The officer is willing to remain through the transition period, and would entertain remaining with new management for a longer period of time on a consultancy basis. Additionally, all key employees will be available to remain with new ownership beyond the sale of the Company. Location: Arizona