Kitchen, Bath, & Flooring Remodeling Contractor - Orange-County-Business-Broker

Kitchen, Bath, & Flooring Remodeling Contractor

  • Engagement Number : 2060
  • Title: SBA financing, just $78K down! Kitchen, Bath, & Flooring $1.55 M sales
  • Location: Orange County
  • Asking Price: 499000
  • Gross Sales: 1550000
  • SDE : 260809
  • Real Estate:
  • Industry: Construction

Consistently increasing revenue and earnings. Prime south Orange County location on a busy corner where 65,000 vehicles drive by per day with excellent visibility of both the showroom and signage. In the same location since 2001, this Kitchen, Bath and Flooring company has a beautiful newly remodeled 4,800 sq ft showroom with over $200,000 of displays, fixtures, and samples. $78,932 down with SBA! Kitchen, Bath, & Flooring $1.55 million sales, $260,809 earnings.

Over the years the company has accumulated a large base of customers. Most of the company’s business is referral and walk ins, the company spends a little on advertising as a result of the goodwill built in the community. The footprint that the company has built in the community, gives the company sustained and stable revenue but also a huge potential for growth, should the new owner decide to grow the business.

The company sells kitchen, bath, cabinets, and flooring for remodeling carrying premium products for kitchen, bath, flooring and closet solutions. The company offers design services and has an in house designer to assist customers with design concepts for their remodeling project. The company also offers installation and construction services through independent contractors.

The company has good books & records, steady growth in profits, and is simple to run. The Seller will train you on how to do estimates and quote jobs. The company has a project manager and in house designer. New owner can hire a salesperson to do the sales appointments and the Seller is willing to help you find and hire a good salesperson. All installations are done by independent contractors who have worked for the company for many years.

* Gross Sales $1,550,000
* Discretionary Earnings $260,809 with a consistent history of sales and earnings.
* Purchase Price $499,000
* Down Payment $78,932 (SBA loan with a qualified buyer)
* Seller Note $50,000

The company prides itself on the high quality of their product and services plus on the personal professionalism of their installers. With 2 tile crews of 3 to 5 installers, 4 kitchen crews of 2 installers each, 3 countertop crews plus 1 carpet crew the company is staffed to do complete kitchen and bath remodels including flooring.

The company has built a reputation of excellence and has excellent Yelp reviews.

The owner has another business and cannot run both businesses. The business is priced to sell to a qualified buyer. A Contractor’s License will need to obtained to operate the business. The Seller is willing to act as an RMO while the buyer obtains their license.

Contact us if you are interested in finding out more information about this profitable and high growth
potential business opportunity.

Financial Summary

 
Revenue
Cost of Goods Sold
Gross Margin
Operating Expenses
Net Profit (tax return)
Earnings
Owners Benefits (Add Backs)
Discretionary Earnings

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