Summary
- Asking price:
-
$890,000
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $1,677,174
- Net profit:
- $251,382
- Years established:
- 1980
- Employees:
- 6
Business description
The Company is a firm with a broad focus in the kitchen and bath industry. The headquarters is located in a beautiful showroom with high visibility from a major highway. The Company offers design and installation services to architects, contractors and consumers who are building new homes or remodeling current homes. There are agreements in place with many of the firm's vendors that give the Company exclusive rights to sell certain home improvement products within their target market area. The acquisition of this company offers an exceptional opportunity to build upon 28 years of business success.
Property information
- Location:
- The Company's headquarters is located on a major state highway and is highly visible. The building is a facility of approximately 7,000 square feet, comprised of 6,000 square feet of showroom and 1,000 square feet of office and receiving space. The property is well maintained and the exterior landscape complements the high endnature of the showroom with the building.
Other information
- Expansion potential:
- WHY BUY?
EBITDO performance approaching $250,000;
The Company has been voted "Best of the Best" in its marketplace;
Excellent sales, design and installation team in place;
Significant growth opportunities in a number of product segments
- Competition / Market:
- At this writing, there is no question that the housing market has taken a severe downturn across the United States. Generally, when new housing slows there is a corresponding rise in the home remodeling sector. This is the situation that the Company experiences. The firm is well suited for remodeling work and is able to provide clients with one-stop shopping. They provide design consultation, excellent product selection, and a full complement of remodeling and installation services. There are big box stores within the market area. However, these retail outlets do not offer the quality of design and installation services that the Company's 28 years of experience provide. There are boutique competitors within the Company's market area. However, none have the showroom size or offer the breadth of products and services offered by the Company.
- Support & training:
- The seller is committed to a successful transition to new ownership.
- Reasons for selling:
- Retirement
- Furniture / Fixtures value:
- $300,000 (included in the asking price)
- Inventory / Stock value:
- $130,000 (included in the asking price)
- Website:
-
www.caswellvlachos.com
Contact the seller
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