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Reputable Kitchen, Bath, and Remodeling with Top Ratings! (17885)


Located in west Tennessee, well-established company of almost three decades offers specialized designing and layout services or kitchen, baths, and home remodeling for build contractors and domestic house owners. Holding an extended catalog of quality products through strong relations with manufacturers, the shop offers cabinets, dresser doors, braces, vanities, and countertops, with distribution options possible for added revenue! As an owner-operated business with sub-contracted installers and three employees most likely to continue partnerships post-purchase, Seller agrees for a flexible transitioning of one year to streamline ongoing processes. Benefiting as a debt-free company with Gross Sale Projections up to $1.44 Million for 2024, Total Revenues reached $1,248,149 in 2023, and Discretionary Earnings of $348,439. Besides verbal referrals from their large and repeating clientele, easy marketing opportunities can take business to the next level through engagement on social media, launching a website, and aggressive advertising efforts. With ideal flexibilities for optimizations and an experienced team in sales and estimations, advantages for growth exist via brand exclusivity, or by taking new incoming projects under Buyer’s general contractor license. Leased at $4,000 monthly for the portion of business use, workplace is a showroom-based location measuring nearly 7,500 square feet that features a 2,500-sq.ft. renting space, which brings an income of $2,000 per month. Found in prime condition and situated over about two acres that divide into dual segments, facility is surrounded by parking and zoned to handle extra capacity, with a vacant lot available to use for expansions. Prequalified at full asking price by a preferred lender!



Listed By: John Fraier

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Background information

Seller Number:

17885

Year established:

1994

Reason selling:

Approaching retirement.

Finance

Sales:

$1,248,149

Profits:

$348,439

Profit type:

Discretionary Earnings

Operations

Employees:

Owner-operated with sub-contracted installers & 3 nonunion employees.

Equipment:

$350,816

Inventory:

N/A.

Premises

Facility:

Property valued at $1,100,000 can be purchased with the business!

Square footage:

7,500+/-

Rent and lease terms:

Holds a lease of $4K per month plus a rented space giving $2K of monthly income!

Location:

Situated over 2 acres of land with a vacant lot for expansions!

Opportunities

Market:

Referral Sources.

Price and terms

Price:

$700,000

Financing:

Negotiable up to 20% for the right buyer.

Owner Transition:

Flexible one year acclimation to streamline ongoing processes.