High-End Basement Finishing Company | $320K SDE | Detroit Metro Area - Business for Sale
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Luxury Basement Finishing Company in Detroit Metro Area
Detroit, MI, US
Added 2 months ago
Luxury basement finishing and remodeling
This business is a subcontractor-based luxury basement finishing company serving affluent homeowners in the Detroit Metro Area, specializing in custom basement renovations, apartments, and entertainment spaces.
Key Information
Asking
$850K
Revenue
$959K
Earnings
$320K
Multiple
2.7x
Key Highlights
- 2025 gross sales are $959,195
- 2023 gross sales were $603,321; 2024 gross sales were $748,475
- Business operates with a lean subcontractor-heavy model; nearly all field labor is subcontracted
- There are two long-term part-time carpenters with a combined annual payroll of approximately $43,000, both expected to stay post-sale
- Average project size ranges from $75,000 to $90,000
- Assets included: website, branding, goodwill, customer database, and established subcontractor network
Contact Info
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