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Turnkey And Lucrative Kitchen And Bath Remodeler For Sale

North Shore, Illinois, US
Asking Price:
$398,500 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,003,060
Cash Flow:
$141,895

Lighthouse Business Brokers would like to introduce a lucrative acquisition opportunity for a local industry leader in quality yet affordable complete kitchen and bath remodeling services. Located in the affluent north suburbs of Chicago, this business has easy access to millions of potential customers. Its team of expert designers walk customers through the design process and the installers quickly complete each project. The team takes pride in working with customers throughout the installation process from start to finish. The company also is a major player in the cabinet refacing business. Cabinet refacing offers a lower cost alternative to a complete remodel, which had provided a stable source of sales, especially in times of economic uncertainty.

The company’s well-established infrastructure enables them to operate as a semi-absentee business. This offers flexibility to a new owner, as well as the potential to take a more active ownership role to take advantage of unlimited growth potential. This is a lucrative acquisition opportunity for someone with an entrepreneurial passion to continue growing an already successful business.

Property Information

Real Estate:

Lease

Lease Terms:

Expires in the summer of 2021 with options to renew.

Leasehold Rent:

$3,300 per annum

Location:

North Shore Suburbs of Chicago. Easy Access to millions of potential customers.

Premises Details:

3000 SF Facility with an impeccable showroom, reception area, offices, small workshop and warehouse space with a loading dock.

Size in square feet:
3,000

Business Operation

Expansion Potential:

A new owner can take a more active role in the day to day management of the company to see immediate growth. Increased marketing will directly correlate to more sales revenue.

Competition / Market:

This business offers high quality yet affordable kitchen and bath remodeling services. They are a market leader in cabinet refacing, which appeals to budget minded consumers and performs well in times of economic uncertainty, keeping them highly competitive in all markets.

Reasons for selling:

Retirement

Trading hours:

Monday - Saturday

Employees:
6
Years established:
1993

Other Information

Support & training:

Seller is committed to providing thorough transition support.

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

Negotiable with a strong offer

Furniture / Fixtures value:
$50,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Lighthouse Business Brokers

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