SOLD!

Details

North Denver Metro Kitchen And Bath Design Center For Sale

Asking Price:
 $1,625,000
Annual Sales:
 $3,326,000
Cash Flow:
 $532,000
Inventory: Included
FF&E: Included
Real Estate: Lease
Employees: 11 FT
Location: Denver Metro
Reason For Sale: Retirement

 

Business Description

This business offers more than just cabinets, as most of its competitors do. Rather, it focuses on a diversified set of products, including countertops, decorative plumbing, tile/surfaces, fixtures, and door hardware. And it doesn’t serve lower-margin production builders – it is exclusively aligned with high-margin, top end remodels and new construction. Installation is performed by third party contractors, so no contractor’s license is required to operate this business.

This profitable business has a solid growth history, generating 2021 revenues of $3.1M. It is solidly on track to hit its 2022 forecast of $3.6M in revenues. Despite its success, there are significant and attainable opportunities for growth, which will be shared with qualified buyers.

A great team of employees is in place, with the experience and skills to successfully perform their responsibilities. Since the current owner acts as GM/Operator, a new owner would need to replace that role. The seller is retiring and desires a complete exit, but is prepared to properly train and transition a new owner.

In an industry where reputation is paramount, this business can and will provide buyers a trove of testimonials from satisfied clients. And that strong reputation and demonstrated capability allows them to offer products from the leading suppliers, which is a solid competitive advantage.

Buyers will recognize some of the advantages this business offers:

  • Very local, requires no major travel.
  • No major working capital or inventory requirements.
  • Staff that is drawn to this industry is competent and enthusiastic about their work.
  • The operating processes are established and can be easily taken over by a new owner.

The seller will prioritize offers that do not require a seller note. SBA lenders have indicated that as a result of the strength of this business opportunity, excellent loan-to-value financing is available with no seller note (assuming a qualified buyer).

DO NOT DELAY if you are interested in this business. Seller is motivated, lenders are eager, and the business comes with its largest order book ever. We expect significant buyer interest for this can’t miss opportunity and intend to move quickly to complete a sale.

Represented by Don Hobbs. 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.