Overview:

Well-established and located in a highly desirable community!

• Founded in 1999 and located in high-end destination beach resort town
• This long-standing custom remodeler has strong brand recognition with high net-worth individuals who own multiple residences.
• These individuals tend to build new when the economy is strong, or remodel and/or add additions when the economy is soft. This company has weathered prior economic dips with relative ease as a result.

 

The 2023 Top States for Doing Business report from Area Development ranks South Carolina #2 overall!

• For the third year in a row, South Carolina is ranked #1 for its easy-to-navigate regulations.
• In addition, the rise of the housing market – U.S. News & World Report places the Charleston area on the list for Top 25 Fastest Growing Places in 2024. That’s because the area welcomes many new residents each year, and they need quality home services.

The company has a rather unique market position!

• They have a complete showroom representing specialized granite and cabinet offerings located in an extremely accessible section of town.
• This showroom provides an inviting “one-stop-shop” experience for the high-end clients who wish to remodel their homes but lack the time to hop from vendor to vendor.
• This also affords the company an additional opportunity to supply other segments in which they don’t participate construction wise (e.g; tract builders).
• To this end, the company has built relationships with several nationally recognized tract builders for these higher margin products making this a “two businesses in one” opportunity for a buyer.
• Working within a 50-mile radius, this company is well known for high quality workmanship and excellent results.
• Repeat business and many referrals from past clients, Real Estate Professionals, Attorneys, Property Management Associations, Homeowner Associations, etc.

This remodeling business has built a loyal customer base by focusing on detail and constantly communicating with their customers and suppliers. This is an ideal opportunity for a strategic buyer or investor who desires to expand into the high-end market.

  • Revenue: $5,813,308

    Adjusted Cash Flow: $1,574,773

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What best describes you?

Ben Knight headshot picture

Ben Knight

Managing Partner

Knight, with a strong background in sales and marketing, joined Viking Mergers & Acquisitions as the Managing Partner for their Charleston, SC location, leveraging his experience in acquiring and growing businesses to assist entrepreneurs and investors in the Berkeley, Charleston, and Dorchester counties with their buying or selling needs.

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