Excellent Franchise Cabinet Countertop Renovation Business For Sale

Business description

Being part of an international franchise has huge benefits due to brand recognition and consumer confidence. Their unique product lines are manufactured from the finest natural materials from the best quarries throughout the world. The business provides to homeowners, interior designers, architects, builders and developers worldwide.
The co-owners of this franchise began operations in 2003. Sales have steadily climbed from $560,000 dollars in the first year, to nearly $2,400,000 in 2009. The core sector of the business is refacing existing kitchen and bath countertops in the renovation sector. Customers are given a fantastic product that is sealed and non-porous, thus requiring zero maintenance. Because most jobs are created in a day, down time for the customer's kitchen or bath is at a minimal. In 2008, this company went through a major expansion, doubling their owner owned warehouse, shop and showroom facility. It has been a major reason for the growth and success of their organization. Cabinet re-facing became part of the franchise system in 2007. Last year they started with the cabinet program adding a second shop capable of producing cabinets as well as custom staining of Cabinets. On top of all this their franchise went from # 45 to # 4 in sales in just one year, earning the award for highest % increase.
In addition to their engineered granite surfaces, the company has their Trend Glass and Trend Mosaic lines. Trend Glass is a unique combination of quartz, semi precious man made stones and post consumer recycled glass. Some Trend Glass colors are manufactured with 72% post consumer recycled content. They come already mounted and pre-grouted on large slabs, making their installation amazingly easy. These additions provide a new array of color and design choices for any home, and come with the same quality and warranty as Trend Stone.
Primary equipment, inventory, 2 vans and a large cube van are included in the asking price.

Property information

Real Estate:

Real Property Included

Premises details:

Property recently remodeled and has an additional 3,000 square footage leased cabinet shop next to the building. Located directly in a highly populated 1 million plus population. The building includes 5 large offices, a large common area on the second floor (which could be utilized for sales people.) A large lunchroom, a shower unit and an area which can accommodate lockers. Shop is over 5,000 sq ft. There's also a beautiful showroom of approximately 3,000 sq ft. The space at the granite shop is owned and would require a 5 year lease, with an option to purchase.

Business Operation

Expansion potential:

Pursuing commercial and builder contracts would really grow the profits of the company. They are also currently in discussions with their head office to be given "Trend Gallery" status, giving them the ability to supply their many exciting products on a wholesale basis. This would provide a huge impact on the profitability of the business, with relatively little in the way of new expenses!

Competition / Market:

This business has an exclusive product with approximately 3,000 "HAPPY" customers. Their customer service and name is known worldwide. The primary advertising is through homeshows with some radio and print advertising.

Reasons for selling:

Other interests

Trading hours:

M-F
8-5
Sat 10-4

Employees:

15 FT 2 PT + contractors

Years established:

7

Other information

Support & training:

Owners will stay for a reasonable transition to acclimate new owner to area and clients. Almost all employees and sub contractors will stay because they enjoy what they do and do it well!

Owner financing:

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

Financing available:

Owner Financing up to 20% is available

Furniture / Fixtures value:

$540,000 (included in the asking price)

Inventory / Stock value:

$120,000 (included in the asking price)

Website:

www.intlag.com/

Lease asking price:

$1,750,000 (Furniture / Fixtures and Inventory / Stock included)

Relocatable:

This business can be relocated.