Kitchen & Bath Remodeling Company - Central Virginia

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Amazing Real Estate also for Sale!
Asking Price:
$1,700,000

Gross Revenue:
$3,000,000
Cash Flow:
$450,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$700,000
included in asking price

Real Estate:
$3,000,000
not included in asking price

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Business Description

This Central Virginia profitable business specializes in the design and installation of complete kitchens, baths, bars, casework and architectural millwork for all rooms of the home. They provide quality workmanship, state-of-the-art materials and brand name appliances to homeowners and have been operating for over 20 years. Through their turnkey process, they design, develop and execute projects from concept to completion, providing the homeowner with a seamless integration of style and efficiency.

About the Business

Year Established:
1995
Number of Employees:
9
Real Estate:
Owned
Building Sq. Ft.:
13,500
Facilities:
Location is over 13,000 sq ft of office, retail and warehouse space with adequate parking for customers and employees. Real estate is available for purchase for $3,000,000 or owner will consider a lease/option purchase plan for highly qualified buyer.
Market Outlook/
Competition:
Competition consists of smaller service providers and some larger ones, but due to the quality, long term sustainability and reputation they are considered a premier provider of remodeling services in Central Virginia.
Growth & Expansion:
A more aggressive marketing program for new construction, expanding into the commercial based arena and adding additional designers to the staff would increase the growth rate.
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About the Sale

Reason For Selling:
Owner wishes to retire.
Training/Support:
6 weeks of training are included in the price. The owner is willing to discuss extended training and support at a mutually agreed to compensation.

Listing Info

ID:
1590975
Ad Detail Views:
0

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Business Listed by

Gavin Raphael

Light & Raphael

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Source: American Community Survey (2010-2014), United States Census Bureau.

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