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Listed by:

Transworld Business Advisors Richmond

Established Home Improvement Business In Virginia For Sale

Virginia, US
Asking Price:
$1,990,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,800,125
Cash Flow:
$800,891

Kitchen Bath Home Improvement Business for Sale 3 Stores-994733CD

Premier home improvement company specializing in providing high-quality kitchen and bathroom remodeling services. With locations in Virginia Beach, Hampton, and Chesapeake, the business has established a solid reputation for excellence in craftsmanship and customer satisfaction.

****SBA PRE-QUALIFIED****
** Seller Financing Options: up to 25% of the asking price **
Key Highlights:

Established Presence: With a history of successful operations, this business has become a trusted name in the home improvement industry in the Virginia Beach, Hampton, and Chesapeake areas.

Comprehensive Services: The business offers a wide range of services, including kitchen and bathroom remodeling, custom cabinetry, countertop installations, and flooring solutions. This comprehensive approach allows this company to meet the diverse needs of its clientele.

Strategic Locations: The business strategically operates in three key locations, tapping into the flourishing real estate and home improvement markets in Virginia Beach, Hampton, and Chesapeake. This multi-location presence enhances the business's visibility and accessibility to a broad customer base.

Skilled Team: This business boasts a skilled team of designers, contractors, and installation experts. The team's expertise ensures the delivery of top-notch, customized solutions to clients.

Strong Supplier Relationships: The business has cultivated strong relationships with reputable suppliers, ensuring a steady and reliable source of high-quality materials for projects.

Growing Demand: The demand for home improvement services is on the rise, driven by a robust real estate market and a growing trend of homeowners investing in the enhancement of their living spaces.

Positive Customer Feedback: 4.9**** This Business has garnered positive reviews and testimonials from satisfied clients, attesting to the quality of its workmanship and commitment to customer service.

Financial Overview:

Revenue: $3,800,125.00
Seller Discretionary Earnings (SDE): $800,891.00

Digital Marketing Expansion: Invest in digital marketing strategies to increase online visibility and attract a broader audience.

Diversification of Services: Explore opportunities to expand service offerings, such as outdoor remodeling, to capitalize on additional revenue streams.

Strategic Partnerships: Establish partnerships with real estate agents, contractors, and interior designers to increase referrals and collaborative projects.

Confidentiality:

This CIM contains confidential and proprietary information about this business. Interested parties must execute a non-disclosure agreement (NDA) to receive additional financial details and discuss the acquisition further.

Property Information

Premises Details:

FF&E Overview: 3 Show rooms

FF&E General Condition: New

Business Operation

Reasons for selling:

retirement

Trading hours:

9AM to 5PM Monday to Saturday

Employees:
7
Years established:
2014

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 2

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

Owner Terms:$497,500.00 Interest:6% Term Months:24 Monthly Payment:$22,049.50

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price