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Established Kitchen Re Modeling Business In New London County For Sale

Connecticut, US
Asking Price:
$150,000 Inventory / Stock included
Sales Revenue:
$185,000
Cash Flow:
$80,000

LISTING ID # 26334

If you have a niche for remodeling and beautification, then this kitchen and bathroom re-modeling business is for you. Beautiful location in the heart of the city, with an outstanding reputation of over 40 years. Long history of kitchen and bathroom re-modeling applications. Nice-sized showroom with ample space. Retains a vintage look. The shop is 5000 sq. ft., in addition to 2500 sq. ft. showroom and 7500 sq. ft. storage space. The showroom value is $225k, and the business includes $75k in equipment. Seller is semi-retired and has not been actively adding more clients for several years. Top performing years averaged $1.1m in sales. Business is located in a 24k sq. ft. building, that is also available for sale. If the buyer does not want to purchase the real estate, the seller is willing to negotiate a competitive lease. The asking price is $150k, but if you do not require any financing, the cash price is $150k. The seller owns two locations with property, each available to be purchased directly from the seller. Seller is available for training, and wants to find a qualified buyer with prior knowledge of the industry.

Business Operation

Reasons for selling:

Personal

Employees:
1 FT
Years established:
45

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

100,000.00 Down & Includes showroom, shop, and inventory. Balance of $75K payable at 6.5% for 3 years. $150K cash price. Property is available directly from seller.

Furniture / Fixtures value:
$330,000
Inventory / Stock value:
$80,000 - included in the asking price
Relocatable:
This business can be relocated.