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| Description |
Home Remodeling - emphasis in kitchens and baths |
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40 years of reputable name recognizing growth
Nearly 40 years of reputable name recognizing growth has made this privately-held business perfect for someone with strong business acumen and business development personality. The company was one of the first in their industry and has built a strong reputation for quality products at reasonable prices. The business is in the home remodeling industry with emphasis in kitchens and baths. Expansion opportunities exist in other aspects of residential including closets and garages as well as expansion to commercial jobs.
In addition to the owners the company has two long-time employees who work full-time and a part0time person as business dictates.
Business Valuation: $380000 |
| Asking Price |
$380,000 |
| Total Sales |
$745,000 |
| Net Profit |
$101,000 |
| Rent |
$0/month |
| Fix & Equip |
$75,000 |
| Inventory |
$0 |
| Full Time |
2 employees |
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| Growth Potential |
The company has a reputation for quality products with strong name recognition supporting its market share
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| Location / Building |
The company is based in Louisville but can sell throughout the state of Kentucky and Southern Indiana. The owners own the facilities outside of the company and leases the buildings to the company. The owners will lease both buildings to the new owner on a 5 year lease with a 5 year renewal option. The approximately 2,200 square foot office/showroom will be leased to the new owner for $1,500 per month for first two years with a $1200 increase annually in years 3 - 5. The approximately 4,000 square foot warehouse will be leased to the new owner for $800 per month for first two years with an $1200 increase annually in years 3 -5.
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| Competition |
No description...
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| Employees |
2 full time - 1 part time
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| Business Operation |
No description...
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| Buyer Training |
The seller will provide transitional training and support for a limited period of time. Seller may also be available to work part-time if the new owner prefers. Seller wants to retire but stay active.
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| Franchise Desc |
No description...
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| Seller Financing |
No description...
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| Reason For Sale |
Retirement |
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| Partnership/ Investor |
| Relocatable |
| Established |
| Seller Owned |
| Days Open |
| Days Closed |
| Seller Works |
| Seller Works |
| Square Footage |
| Leasehold Costs |
| Length of Lease |
| Full Time |
| Part Time |
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| over $500.000 |
| No |
| n/a |
| n/a Years |
| 7 Days a Week |
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| none Days a Week |
| none Hours a Day |
| Not Specified |
| Not Specified |
| 0 Yrs Left - 0 Option Yrs |
| 2 employees |
| 1 employees |
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Activities:
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Sellers Comments: |
| No Comments |
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