Home Remodeling Design Center that provides design services, retail sales, installation of cabinets, counter tops and, designer lighting. This business started in 1997, primarily focused on flooring sales and installation. It continued to grow adding cabinets, counter tops, appliances, bathroom fixtures and then in 2019 adding lighting. The business has a large 15,000 square foot showroom with upscale exhibits showcasing the product line. They also provide a design service primarily in the upscale residential remodeling market. Using subcontractors, the complete remodel process is overseen from design to completion. 99% of their business is residential remodeling. There is a great deal of growth potential by expanding to the builder, architectural, and commercial market.
- Asking Price:
- $2,700,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $4,450,235
- Cash Flow:
- $920,760
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 25000 Square Footage: 15000 Building Type: Stand Alone
Terms & Options: Renewable Expiration Date: 1/1/2033
- Size in square feet:
- 15,000
Business Operation
- Reasons for selling:
-
Retire
- Trading hours:
-
M-F 8-4:30 S 10-2
- Employees:
- Emp FT: 7 Emp PT: 0 Mgrs: 2
- Years established:
- 26
Other Information
- Support & training:
-
Seller will train for 4 weeks at no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Terms $1,000,000.00
Owner Financing Interest 8.5%
Owner Financing Terms Months 120
Owner Financing Monthly Payment $12,398.57
- Furniture / Fixtures value:
- $276,000 - included in the asking price
- Inventory / Stock value:
- $350,000 - included in the asking price
