Nov 29th (Fri) 8PM NY

Deal Alert: Bathroom Remodeling Business in Las Vegas

📍 Location: Las Vegas, NV
💰 Asking Price: $6.1M (all cash)
📊 Revenue: $7.01M (2023 Gross)
💼 Net Profit (TTM): $1.6M (23% profit margin)

🌟 Why This Business is Great:

Proven Longevity: Operating for 27 years, this business is a cornerstone in the Vegas market with a strong reputation in the commercial and residential remodeling sectors.

Specialized Services: Its focus on high-demand services like tub and counter refinishing, fiberglass repairs, and cabinet upgrades ensures a diversified revenue stream. Serving top hotels and casinos, the $5M+ pipeline of contracted projects adds consistency and predictability to cash flow.

Operational Excellence: With 39 full-time and 4 part-time employees, the business is structured for efficiency. It’s a plug-and-play operation for a buyer who wants minimal disruption post-acquisition.

🚀 Growth Potential

Expand Geographically: The booming Las Vegas market is just the beginning. Nearby cities and states offer untapped opportunities.

Digital Marketing Overhaul: With a stronger online presence, targeting residential clients could lead to significant revenue growth.

Operational Automation: Integrating tech and automation could streamline operations, reduce costs, and improve margins.

🔍 My Analysis:

This business is a standout opportunity in the remodeling sector, combining a strong financial track record with room for growth. Its $1.6M net profit (23% margin) and $5M+ contracted pipeline ensure stability and predictable cash flow, while the asking price of 3.8x profit is reasonable for its 27-year reputation in the booming Las Vegas market. The expiring lease in 2025 is a manageable challenge, potentially creating an opportunity for strategic relocation or renegotiation. With opportunities to expand into nearby markets, strengthen digital marketing to attract residential clients, and optimize operations, this is an ideal acquisition for buyers looking for a profitable, turnkey business with significant growth potential.

🏃‍♂️Want to buy this business? If you want access to this deal and others like it, book a call with us. We'll show you how we can help you buy this business or others like it, show you how to analyze and help you finance this deal or others like it, and discuss our paid program where we can help you find, finance, and acquire a business or few of them in the next 6-12 months.

Join A Free Training To Apply To Become an Acquisitions.com Advisor: Learn how to broker the buying and selling of businesses, and earn monthly retainers, and 2-10% of each deal.

Together with Money Pickle

Secure Your Wealth Post-Sale

Have you recently sold your company? Protecting and strategically growing your wealth in the aftermath is crucial. At Money Pickle, our network of advisors specialize in financial strategies that safeguard your assets and optimize their growth potential. 

The advisors can offer personalized planning tailored to the unique needs of entrepreneurs who've successfully exited their businesses. From investment diversification and tax-efficient strategies to estate planning and charitable giving, we ensure your financial security and help fulfill your long-term objectives. 

Let us guide you through reinvestment opportunities and wealth preservation tactics that align with your financial goals and lifestyle aspirations. Connect with Money Pickle today to transform your liquidity event into lasting prosperity.

Recent Case Study

Tim acquired a $4mm a year HVAC business [link]

Recent Acquisition Stories:
Workspace Revolution: GBT's Strategic Acquisition of Nexus

Latest Acquisition: GBT Technologies and Nexus Workspaces

GBT Technologies has announced non-binding agreements to acquire Nexus Workspaces' real estate and intellectual property portfolio. The phased deal starts with a 49% stake in select Florida locations like Wellington and West Palm Beach, eventually aiming for full ownership. With over 800 members using Nexus’s flexible office solutions, this acquisition offers a solid customer base and income-generating assets.

The planned spin-off of Nexus Workspace Holdings as a public entity could unlock further value for shareholders. However, the non-binding nature of the deal and its complex structure highlight potential risks. If executed well, this move positions GBT to tap into the growing demand for modern, adaptable workspaces, blending real estate and innovation to address the evolving needs of the post-pandemic workforce.

My Take:
This acquisition reflects a smart, albeit ambitious, strategy. By phasing ownership and planning a spin-off, GBT is reducing immediate financial strain while creating opportunities for long-term shareholder benefits. The big question is execution—if they can navigate the complexities, Nexus could redefine its market segment and boost GBT’s portfolio.

Scale or Sell

If you're a business owner looking to scale your company to 8 or 9 figures, we can help. Our 70+ pillars alongside our “Scale or Sell” system provides a clear roadmap to improve your operations and profitability and look to get personalized guidance, access our proprietary growth tools, and learn how to build a valuable, sellable enterprise reply back with details about your business and the type of help you look for.

Recent Youtube Video

Two acquisitions in the food & bar sector[link]

Here’s How We Can Help You:

• Join Our Community: Access free courses & meet fellow entrepreneurs. (link)

• Buy a Business: Get support with finding, analyzing & financing deals (link)

• Become an Acquisitions.com Advisor: Help others buy and sell businesses. (link)

• Scale your business: Build Internal foundations before external growth (link)

• Sell a Business: Connect with interested buyers. (link)

• Co-invest with Us: Partner on lucrative deals. (link)