Details

mountain resort kitchen bath design business for sale

Asking Price:
$649,000
Annual Sales:
$1,300,000
Cash Flow:
$225,000
Inventory: N/A
FF&E: $50,000
Real Estate: Lease
Employees: 3-5 FT
Location: Keystone, CO
Reason For Sale: Retirement

 

Business Description

Award Winning Design Business focuses on the design, sales, and installation of custom cabinetry for residential environments, including kitchens, bathrooms, home office, and entertainment spaces. 2020 project activity is performing very strongly, accompanying the thriving resort housing market! The business utilizes top technology tools in their design, presentation, and project management efforts to keep their employees, customers and vendors safe in the COVID era.

Well established and highly regarded, this business has a deep list of individual homeowner & builder/contractor clients. The business is very service oriented, paired with vendor products that are customizable, offering the highest quality products in the industry. These factors allow them to out-compete regional competition, including big-box outlets and independents. Business is centrally located with a low-overhead lease. Employee team is well trained, managing their own client relationships & projects. Showroom Displays are very professional and regularly updated. Excellent design and presentation technology. Business is well marketed including website, social, and traditional media.

Showroom and Office recently updated and in excellent condition. Central location, high visibility, free and plentiful parking. Excellent natural light, professional conference facilities. Business has excellent I.T. systems to manage client meetings virtually and be Covid careful.

Company is well positioned with excellent reputation, referral sources, and marketing in a growing and active market. 2020 is equaling or exceeding 2019 in very strong regional market. Homeowners are investing in their homes while spending more time in these mountain resort communities. Many second homeowners are working remotely in their resort homes for quality of life and safety. New construction and remodel projects are experiencing strong activity.

Company is performing very well, with a great market position. Their Displays, Design, and Office Systems are updated regularly and top of industry. Doing more of what the company is already doing is how they’ll grow. Seller is interested in continuing employment in a Design/Sales role. An active owner-operator can sell and design to add to the company’s project volume – the market is presenting room for more growth.

Seller will provide approximately 150 hours of training, familiarization, and introductions to suppliers, builders, and referral sources. Buyer should bring management, marketing, finance skills with an eye for design and sales. Seller may participate in financing with qualified Buyer.

Represented by Thom Beckett. Tell me more about this business.


Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.