Details
Asking Price: |
$160,000 |
Annual Sales: |
$362,000 |
Cash Flow: |
$103,662 |
Inventory (Not Included): | TBD |
FF&E: | TBD |
Real Estate (Not Included): | Lease |
Employees: | 2 FT Owners 4 FT / 3 PT |
Location: | Northern Front Range |
Reason For Sale: | Retirement |
Business Description
An updated kitchen has been seen as one of the surest ways to increase the value of a home. Until recently, kitchen remodeling had been a fragmented industry dominated by local contractors with varying levels of skill. There was no national brand with consistent standards and a national reputation for quality regardless of location. Homeowners would sign a contract and hope the contractor would deliver as promised.
That all changed with the development of a national franchise system focused exclusively on kitchen remodeling. With consistent quality and best-in-class business practices, much of the stress was removed by kitchen remodeling. What had been a fragmented industry now has a dominant brand that’s top-of-mind when homeowners are considering a remodel.
The territory served by this franchise has great demographics and rapidly increasing home values. This means homeowners have the means and the incentive to upgrade their kitchen. The owner is fully involved in another business and hasn’t been able to give this franchise the time it deserves. A full-time owner operator should be able to significantly grow this business. The buyer of this franchise does not need to be a construction pro. If you have good business and communications skills, strong ethics, and an ability to multi-task, this may be the business for you.
Represented by Len Abels. Tell me more about this business.