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Kitchen & Bath Remodeling Biz with Stunning Showroom! (37921)


The business specializes in design & installations for kitchens, bathrooms, or turn-key remodeling.

  • Customers- High end communities in Southwest Florida caters to Residential SFD’s (50%) and Condominiums (50%)
  • Seven Product lines! - cabinetry, countertops, fixtures, and appliances and exclusive statewide supplier for designer stone panel!
  • Continuous growth - Facing growth before and after hurricane damages with an average Growth Rate of 18.1%!
  • The team - A team of six nonunion employees is experienced with manager cross-training and most likely to remain post-sale. 
  • Involved ownership is available for a smooth transition of three to six months. 
  • Facility - The sensational showroom attracts walk-in traffic! Preferably sold with the business, it has expansion capabilities. Property estimated at $680K - $750K!
  • Diversity - a mix of homeowners and contracting partners, growth opportunities exist by increasing focus with builders, as past clients have represented more than 10% of annual sales. 
  • Financials - Sales for 2022 climbed to +$1.3 million with $232,000. 
  • Booked months in advance thanks to strong reputations with Projections for 2023 in excess of $2 Million! 
  • What's included - New vehicles and trailer, Equipment valued at $120,000, Inventory of $266,494 + varying projects. 
  • Listing features current Receivables of $594,710, working capital subject to negotiations. 


Listed By: Tim Marlo

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Background information

Seller Number:

37921

Year established:

2005

Reason selling:

Ready for and approaching retirement.

Finance

Sales:

$891,691

Profits:

$517,051

Profit type:

Discretionary Earnings

Operations

Employees:

6 nonunion.

Equipment:

$120,000

Inventory:

$266,494 + varying projects.

Premises

Facility:

Property valued from $680K - $750K comes included in Asking.

Square footage:

2,564+/-

Rent and lease terms:

Workplace can hold a monthly tenancy of $6,000.

Location:

Listing features current Receivables of $594,710.

Opportunities

Market:

Website, Social Media, Postings on Houzz.com, Sale Programs, Ratings, and Referral Sources.

Price and terms

Price:

$3,000,000

Financing:

Negotiable up to 20% for the right buyer.

Owner Transition:

Cross-trained for holidays, a smooth acclimation is offered with hands-on operations of 3 to 6 months.