SOLD!
Details
Asking Price: |
$549,000 |
Annual Sales: |
$2,000,000 |
Cash Flow: |
$225,000 |
Inventory: | N/A |
FF&E: | $50,000* |
Leaseholds: | N/A |
Employees: | 3+ |
Location: | Summit County |
*Included | |
**Not Included |
Business Description
This Kitchen & Bath business focuses on design, sales and installation of systems for home or business. 2014 business performance is trending up 28% over 2013 with very strong activity and growth in Earnings & Revenues. Additional offerings include entertainment centers, and office or garage cabinet systems. The business also offers countertop, appliance, plumbing-fixture and cabinet-hardware options. Well established in the local community & industry, this business has a deep list of contractor and individual homeowner clients. The business has weathered the economic & housing downturn extremely well, much better than many in the industry; they are very service oriented, and offer product lines that are very competitive within the industry. All of these factors allow them to out-compete regional competition including big-box outlets. Business has a very nice showroom/office area, well located with a low overhead lease. Extensive employee team is responsible for high % of business sales, and available to support the business transition to new ownership. Displays are very professional and regularly updated.
Owner operates this business along with extensive staff, including sales & design team, plus office manager. Industry specific software is employed to assist with the design process and provide professional, efficient options to the client. Business works directly with homeowners, contractors, developers and third party designers. Well established in the local/regional market, a high percentage of the business is within 30 minutes of their office. Owner offers flexibility in the transition plan of the business, including initial training and on-going consulting, sales or design efforts.
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