Long Established Kitchen and Bath Remodeler for sale

Financial Information

  • Asking Price: $800,000
  • Gross Revenue: $1,668,145
  • Cash Flow: $339,334
  • Down Payment: $80,000
  • FF&E (Included): $100,000
  • Inventory: $35,000
  • Financing: Yes

Business Location

  • Northern WV
  • West Virginia
Primary Business Category: Wood Kitchen Cabinet and Countertop Manufacturing

This high-end Kitchen and Bath Design business has been around for three generations. It has gained a well earned reputation to be a cut above the rest for quality products, workmanship and customer service. Its greatest accomplishment has been the development of a system over the years that enables them to get the job done effectively while maintaining extremely high quality results for every job. Its growth has been supported by a very impressive showroom in a very well known high traffic location.

Competition Description

There are several other similar businesses in the market, but don't present serious competition for the customers oriented to the highest quality. It is evidenced by the a backlog of business that requires a six month lead time to schedule jobs.

Growth / Expansion overview

The local economy is booming and business is being turned away. Growth lies in the ability to complete jobs faster and also to schedule multiple jobs at one time.

Support / Training Comments

The owner and the GM have been with the business for decades and are eyeing retirement. However, they are both available as needed to train a new manager who could potentially cover both positions.

Financing Comments

Seller willing to help finance the right buyer for as much as $100K @ 6% for 5 yrs.

Reason For Sale
  • Home Based: No
  • Year Established: 1911
  • Franchise: No
  • Year Acquired: 1989
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Contractors License, WV, PA and MD.

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday-Saturday
  • Hours Open: 9 AM - 6 PM
  • Fulltime Employees: 9
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $26,500
  • Building Size: 2,646 sq ft
  • Parking: Shopping Center Parking
  • Monthly Rent: N/A
  • Lease Expires: 02/28/2020

Contact Business Broker

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Business Listed by

Sunbelt West Virginia & Western Maryland

Contact: John Lichter
Office Phone: 304-276-1880
Mobile Phone: 304-276-1880
Listing ID: WESTOWV001-N76

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