Home Improvement Store (Community Favorite)

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Real Estate Market Too HOT to move - Remodel Time
Asking Price:
$345,000

Gross Revenue:
$800,000
Cash Flow:
$175,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This 40-year old consistently profitable full-service retailer of interior design products has been a mainstay in the local economy for decades. From premium carpet lines, hardwood & laminate flooring, and window coverings, to custom cabinetry, quartz & granite countertops, and remodeling fixtures, the business has a full spectrum of offerings and acts as a one stop shop for its loyal client base. This is a tremendous opportunity to take over a consistent operational model and grow it into the future. The sale is retirement motivated.

The lead business broker at IBA for this company is Mike Luitgaarden. Mr. Luitgaarden can be contacted directly at (425) 454-3052 or mikel@ibainc.com.

About the Business

Real Estate:
Leased
Facilities:
The business operates from a nicely appointed 3600 sq. ft show room designed to display product offerings in a casual and inviting atmosphere where employees assist in designing customers remodeling requests. The business also supports warehouse space of 3600 sq. ft at a separate location.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The seller will provide an appropriate period of transition training/consulting to smoothly transfer ownership of the business.
Seller Financing:
The seller will finance 50% of the transaction for a qualified buyer

Listing Info

ID:
1472871
Ad Detail Views:
298

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Business Listed by

Gregory Kovsky

IBA - 2686

 Show Phone Number

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U.S. Census Data for King County, WA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for King County, WA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue 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. See our full Terms & Conditions.
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