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Top Ranked Kitchen And Bath Renovations For Sale

Broward County, Florida, US
Asking Price:
$549,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$740,812
Cash Flow:
$193,420

Top Ranked Kitchen and Bath RenovationsKitchen and Bath remodeling and total renovations. 16 jobs in 2022; many more are scheduled for this year and beyond. Full scope of work - permitting, design, GC management etc. The company is led by a licensed General Contractor. All jobs are in the confines of a single community with over 6,500 units. The age of the development is approximately 50 years which means that most units are in need of renovation. All work is performed by subcontractors. Internally there is one employee who is in charge of the paperwork and other administrative details.Business HistoryStarted as a one-man renovation firm. The original territory was in the east part of town near the ocean. This business was created due to the scale of the demand and the nature of finding all the work in one central location.Competitive OverviewOpportunity in development. Records show they have performed work on over 375 units out of a total of more than 6,000. Business comes with a low mileage vehicle and a rented workshop located just outside the development. The shop has been set up for many years and is perfect for handling job fabrication and storage for equipment and building materials. Potential GrowthOther contractors are present but none are directly competitive. Buying this business could bring tremendous results. Please refer to listing number 0101686654, business broker Howard Schulman when inquiring about this listing.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 651
Building Type: Warehouse
Terms & Options: Negotiable
Expiration Date: 12/31/2023

Business Operation

Competition / Market:

Non Compete : Miles: 100 Years: 5

Reasons for selling:

Retirement

Trading hours:

Operating dys/hrs : 8:00 AM to 5:00 PM

Employees:
1
Years established:
21

Other Information

Support & training:

Weeks Training: 9 Cost: $0

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

Loan/Seller- Amt: 189,000
Mos: 60
Rate: 7.00
Mo Pmt: 3,742.43

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.