Premier Kitchen & Bath Business in Thriving Carolinas' City

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Premier K&B Business in Thriving Carolinas' City

Business Description

This firm is an exceptional regional kitchen and bath business, located in a highly desirable, growing city. This business includes full-service design and specializes in high-end cabinetry. Their high quality offerings are the preference of discriminating homeowners and high-end builders. Their unique customer base and mix of remodeling and new construction helps to dampen normal cyclical dynamics.
The firm's continued success and growth have been driven by ownership who understood the importance of hiring and retaining high quality staff, providing superior, leading-edge products and installations, and developing all-inclusive, rigorous business processes. Combining these platforms with the thriving location has provided a highly successful business venture, as measured by regional recognition, repeat customers, supplier relationships, and of course, overall profitability.
This firm's location is situated in a region that is experiencing substantial jobs' and population growth. The resulting housing market is providing a solid base of K&B new construction as well as high-end renovation business, and the outlook for further growth is strong.
The Seller Discretionary Earnings have averaged between $1.0M and $1.2M the last few years on Revenues of $10M to $11M. The Owner is ready for retirement and has been effectively running to maintain this level of profitability. He has chosen not to add staff to take on available additional business and does minimal advertising.
This is a unique acquisition opportunity. It is being valued at $4,450k.

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Listing Info

ID:
1623858
Ad Detail Views:
0
Asking Price:
$4,450,000

Gross Revenue:
$10,500,000
Cash Flow:
$1,100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Stephen Fitzgerald

VR Business Brokers-Savannah

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