Listing ID: 71395

Business Overview

High-end luxury basement finishing company serving affluent homeowners throughout the Detroit Metro Area. The business specializes primarily in custom basement finishing projects, basement apartments, entertainment spaces, and luxury lower-level renovations for high-income clientele who prioritize quality and craftsmanship over price.

The company has experienced strong year-over-year growth simply by expanding its service radius throughout affluent suburban markets in Metro Detroit.

Unlike traditional remodeling companies, the business operates with a lean subcontractor-heavy model, allowing for strong margins and minimal overhead. Nearly all field labor is subcontracted out, with only two long-term part-time carpenters remaining with the company, both of whom are expected to stay post-sale. Combined payroll for both employees is approximately $43,000 annually.

Sales History:

2023 Gross Sales: $603,321

2024 Gross Sales: $748,475

2025 Gross Sales: $959,195

2025 Adjusted SDE: Approximately $320,000

Owner averages approximately 30-35% net profit margins across projects.

Business Highlights:

Specializes primarily in luxury basement finishing

Strong upward revenue trajectory year-over-year

Growth achieved mainly through expanding service area

Lean subcontractor-based operational model

Minimal employee overhead

Two experienced part-time carpenters willing to stay

Strong online reputation and referral business

Average projects range from $75K-$90K

Established subcontractor and supplier relationships

High-margin business serving affluent clientele

Owner is looking to step back from the business and has no desire to continue growing operations

Seller is willing to stay on for several months post-sale with compensation to ensure a smooth transition

Business is highly scalable due to subcontractor-heavy structure

Strong add-backs significantly increase true cash flow

Ideal opportunity for an owner-operator or construction industry buyer

Includes website, branding, goodwill, customer database, and established subcontractor network

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $850,000
  • Cash Flow: $320,000
  • Gross Revenue: $959,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.