Very Profitable Bathtub Refinishing Business For Sale

Business description

Since 1984, this business has been filling a very lucrative market niche. Apartment building owners and property managers, and hotel / motel owners and residential clients use this business to restore bathroom tubs, sinks, countertops, hot tubs and swimming pools as an alterative to major renovation/remodeling work. The business is also set up to do refinishing work of claw foot tubs in the shop which has not been fully pursued by the owner but is a niche area for a new owner to expand revenue.

This business continues to thrive in today s economy as customers continue to repair and refurbish. This is a tremendous opportunity for anyone looking to be operational in a business with strong upside potential. This business is priced right, has strong market potential and is looking for an energetic new owner to take it to the next level.

The owner's duties include marketing and bidding of jobs. He does not do the actual refinishing work and a buyer does not need these skills to run the business.

Property information

Real Estate:

Lease

Location:

The shop is centrally located for quick access to the coverage areas in the greater Seattle area. The company vans are taken home at night by the employees who typically come to the shop for supplies and time charts only. The owner has set up the business for a mobile operation which helps the employees get to and from appointments easier and not have to commute to work before going out in the field each day.

Other information

Expansion potential:

A new owner can continue to increase revenue and profits by continuing to offer high quality workmanship, excellent customer service, expand marketing efforts for the refinishing studio in the shop which can do Claw Foot Tubs and other items that may need to be brought to the shop.

Competition / Market:

This business is a unique niche with limited competition. As the economy slows and many remodeling companies see declines this business has seen stable and rising growth as homeowners are choosing to do cost effective renovations. The commercial side is generally always looking for the most cost effective options and the owner has focused efforts on these commercial clients who tend to send more repeat business and referrals

Support & training:

Negotiable

Reasons for selling:

The current owner has medical issues which prevents him from continuing with the day to day operations of the business.

Financing available:

Negotiable

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$6,000 (included in the asking price)