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High-end Basement Finishing Company $320K SDE Detroit Metro-area

Detroit, MI, USA
Updated 138 days ago

HS Listing ID-71395 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

Employees

2

Support & Training

Yes.

Reason for Selling

Other business interests.

Financials

Asking Price
$850K
RevenueMost Recent Year
$959K
Earnings (SDE)Last Reported
$320K
Assets Value
Undisclosed
Seller Financing
Not available

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