Sold
Home Improvement Business - Rapid Growth
Kitchen and Bath remodelling Company that takes the customer from A to Z. It starts with a visit to the showroom, followed by an appointment to measure and then installation of Cabinets, Countertops, Fixtures, Flooring. This Company has five star google reviews and an excellent reputation. Hard to get supplier arrangements in place. Experiencing rapid growth. This business is a Florida Licensed General Contractor. There is already a FL Licensed Contractor on staff. Buyer with GLC license will save $1,000 per month.
For 2022 Company is on track for almost $1.5M in revenue and $290K in owner benefit. Financial assume an owner operator.
Listed By: Anthony Rigney
Background information
Reference:
BBF-778-12019
Year established:
2000
Reason selling:
Relocation
Finance
Sales:
$1,370,495
Profits:
$250,538
Profit type:
Discretionary Earnings
Operations
Employees:
7
Equipment:
Included in asking price $80,000
Inventory:
Included in asking price
Premises
Facility:
2100 Square Foot Showroom
Rent and lease terms:
$4,200
Location:
Jacksonville, FL
Opportunities
Growth:
The are already plans and processes in place to expand. The new owner will just need to pick up the batton and run with it.
Price and terms
Price:
$450,000
Training:
One week at no cost. Seller will to stay around longer on negotiateed terms.