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- RE: $2,500,000 Coastal NC Kitchen & Bath Remodeler
- Contact: George Thomas
Quick Facts
Asking Price: | $2,200,000 | |
Annual Revenue: | $2,533,000 | |
Net Profit: | $592,019 | |
Cash Flow: | $592,019 | |
Total Debt: | Not Disclosed | |
FF&E: | $38,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 5 | |
BBN Listing #: | 990347 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Highly successful kitchen & bath and remodeling business with an upscale showroom. Established 25+ year old business experiencing tremendous growth. This thriving business specializes in bath & kitchen design and remodeling services including installation of custom cabinetry, countertops, flooring, and tile showers.
Operating from a 3,500 square-foot commercial location, the business features a well-appointed showroom, offices, and warehouse. The showroom displays several cabinet lines, a variety of natural stone and quartz countertops, and a wide selection of tile. In addition to serving residential clients, they provide design and cabinetry services to builders, architects, and interior designers for remodels and new builds.
Their experienced team of designers, trade professionals, and expert installers manages projects from start to finish. This high performance team prides themselves in their ability to complete remodeling jobs in a timely manner while focusing on delivering the highest quality products and exceptional customer service.
In the last few years they opened new markets and forged strategic partnerships with high-end builders and realtors and have experienced substantial growth. This turnkey business is ready to scale and expand into additional product lines and/or markets.
This business has been Pre-Approved for an SBA loan.
One owner will stay as an employee or employee/minority partner.
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Property Features and Assets:
3,500 square feet commercial location. Assets include 3 vehicles and 3 trailers. Machinery includes a forklift and other specialty equipment.
Market Competition and Expansion:
The company has earned a strong reputation as the premier kitchen and bathroom remodeling company in their market with a prime location.
Reason for Selling:
One owner has other interestAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
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