Kitchen and Bathroom Improvement Business
Location: Tennessee > Nashville
Industry: Home and Garden > Other Home and Garden
Financials
Asking Price: $98,000
Gross Revenue: $245,744
Gross Revenue Comments: most recent 12 mos as of Q12007
Cash Flow: $75,845
Cash Flow Comments: Assuming owner operator - technician available
Inventory: $3,000 (Included in Asking Price)
FF&E: $13,495 (Included in Asking Price)
Business Summary
For 20 years, this franchise system has offered customers an economical way of sprucing up their kitchen or bathroom with a minimum of disruption and at an affordable price. The buyer of this established company will benefit from a proven system, an established cash flow, and 100's of satisfied reference customers. That's a winning combination. In fact, winning is exactly what this business has done with numerous awards for sales and quality bestowed by local media and the franchising system.
This firm is actually positioned to benefit from the current economic climate as new construction has never been a target market and remodeling is experiencing a boom as homeowners chose to remain in place or feel compelled to upgrade their homes to compete for buyers (see www.bizjournals.com/nashville/stories/2007/12/24/story2.html).
Offering customers an economical way of sprucing up their kitchen or bathroom with a minimum of disruption and at an affordable price creates the unique selling proposition for this business. The attractive web presence puts this firm in front of todays sophisticated buyer. The business offers a full range of products and services, including: * Cabinet Doors; * Drawer Fronts; * Custom Kitchen Cabinets; * Wood Floor Renovation; * Cabinet and Wood Renovation; * Custom Cabinet Refacing; * Bathroom Remodeling; * Pantry and Cabinet Organizers.
This firm is actually positioned to benefit from the current economic climate as new construction has never been a target market and remodeling is experiencing a boom as homeowners chose to remain in place or feel compelled to upgrade their homes to compete for buyers (see www.bizjournals.com/nashville/stories/2007/12/24/story2.html).
Offering customers an economical way of sprucing up their kitchen or bathroom with a minimum of disruption and at an affordable price creates the unique selling proposition for this business. The attractive web presence puts this firm in front of todays sophisticated buyer. The business offers a full range of products and services, including: * Cabinet Doors; * Drawer Fronts; * Custom Kitchen Cabinets; * Wood Floor Renovation; * Cabinet and Wood Renovation; * Custom Cabinet Refacing; * Bathroom Remodeling; * Pantry and Cabinet Organizers.
About the Business
Year Established: 2004
Employees: 1 full time -
Franchise: Yes
Facilities: The warehouse facility offers sufficient storage space without burdening the business with expensive rental costs. All needed tools and adequate inventory are included in the sale. Because the suppliers size product to meet the client's needs, no manufacturing space or equipment is required.
Market Outlook and Competition: While the protected market area for this business covers some of the highest income zip codes in the Nashville area, this firm has attracted customers from Clarkesville to Columbia, and from Fairview to Lebanon. Yellow Pages ads drive significant levels of customer leads as does the excellent web site. Home shows have also been a part of the overall marketing effort for this business. Favorable press coverage and a record of excellent service have all contributed to positive word-of-mouth.
About the Sale
Management Training and Support: 2 weeks training for no cost in addition to franchisor training.
Reason For Selling: relocation
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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