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Kitchen Bath Remodeling Biz With Stunning Showroom! For Sale

Southern FL., Florida, US
Asking Price:
$3,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,300,000
Cash Flow:
$232,000

The business specializes in design & installations for kitchens, bathrooms, or turn-key remodeling.

Customers- High end communities in Southwest Florida caters to Residential SFD’s (50%) and Condominiums (50%)
Seven Product lines! - cabinetry, countertops, fixtures, and appliances and exclusive statewide supplier for designer stone panel!
Continuous growth - Facing growth before and after hurricane damages with an average Growth Rate of 18.1%!
The team - A team of six nonunion employees is experienced with manager cross-training and most likely to remain post-sale.
Involved ownership is available for a smooth transition of three to six months.
Facility - The sensational showroom attracts walk-in traffic! Preferably sold with the business, it has expansion capabilities. Property estimated at $680K - $750K!
Diversity - a mix of homeowners and contracting partners, growth opportunities exist by increasing focus with builders, as past clients have represented more than 10% of annual sales.
Financials - Sales for 2022 climbed to +$1.3 million with $232,000.
Booked months in advance thanks to strong reputations with Projections for 2023 in excess of $2 Million!
What's included - New vehicles and trailer, Equipment valued at $120,000, Inventory of $266,494 + varying projects.
Listing features current Receivables of $594,710, working capital subject to negotiations.

Property Information

Real Estate:

Real Property Included

Location:

Property ranging $680K - $750K in value is included in Asking.

Premises Details:

Listing features current Receivables of $594,710 and includes additional inventory on varying projects.

Size in square feet:
2,564+/-

Business Operation

Reasons for selling:

Ready for and approaching retirement.

Trading hours:

Monday to Friday 8AM - 4:30PM.

Employees:
6 nonunion.
Years established:
2005

Other Information

Support & training:

Cross-trained for holidays, a smooth Owner Transitioning is offered with hands-on operations of 3 to 6 months.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$120,000 - included in the asking price
Inventory / Stock value:
$266,494 - included in the asking price