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- RE: Profitable Kitchen And Bath Remodeling Opportunity
- Contact: Mike Hall
Quick Facts
Asking Price: | $325,000 | |
Annual Revenue: | $887,565 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $170,064 | |
Total Debt: | Not Disclosed | |
FF&E: | $48,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1983 | |
Employees: | 4 | |
BBN Listing #: | 934988 | |
Broker Reference #: | 67675-965663 |
Business Overview:
40 Year Old Profitable Kitchen and Bath Remodeling Opportunity
Are you ready to dive into the world of high-quality kitchen and bath remodeling? Look no further! We are excited to present an outstanding business opportunity for sale, specializing in transforming kitchens and baths into stunning, modern spaces. This established business comes fully equipped with a loyal customer base, skilled staff, a stellar reputation, and a detailed process for delivering top-notch results. Drawing on 40 years of industry experience, this business utilizes modern technology to plan and create kitchen and bath designs that are stunning as well as durable and functional. They utilize the latest computer-assisted drawing techniques to render an accurate view of the space allowing for efficient planning and resulting in beautiful spaces. The business is located in the greater Wake County area making it ideally situated for meeting the growing demands for home building and remodeling. Trust is also a key factor for this business as much of its clientele comes from referrals and word of mouth. Customers trust not only the work that this business does but also the quality materials that they use to do the job.
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Property Features and Assets:
Monthly Rent: $1,540.00
Square Units (Foot, Meter): 2,000
Lease Expiration Date: March 29, 2024, 9:00:00 PM
Market Competition and Expansion:
Competition: This business has a competitive advantage because of several key factors. First, the business is located in the greater Wake County area, which is one of the top 25 fastest-growing areas in the country. The need for kitchen and bath remodeling in this area is only going to grow in the years to come.
Second is their trained staff. They have both design and installation staff that are second to none. They take great pride in the quality of their workmanship, and it shows in their final product.
Thirdly, they have established relationships with some of the best kitchen and bath cabinetry and hardware suppliers in the nation. They know which suppliers provide the highest and best materials.
Lastly, they have staying power. They have withstood the ups and downs of the market and remain today as one of the strongest local players in the industry.
Reason for Selling:
retiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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