Kitchen & Bath Remodeling

Financials

Asking Price of business :$600,000
Included In Asking Price :Furniture, Fixtures & Equipment $150,000
Inventory :$50,000
Annual Sales :$1,000,000
Cash Flow :$440,000

Summary Description

This fast growing company provides kitchen and bath remodeling and new construction installations, with a focus on remodeling. It offers one-stop shopping for the residential retail consumer. The business is in a high profit niche and has a prime southern Maine location that serves some of the highest residential growth communities in the state.

General Information

Year Established :2012
Employees :7 FT
Facilities :The company has a prime retail location in a heavy traffic area of southern Maine. The 1,800 SF facility has been recently renovated. The real estate may be leased or it may be available for purchase.
Business Location :Southern Maine

Market Outlook

Competition & Market :

The company’s niche, location and complete line of products and services set it apart from its competitors. Its reputation and sales are enhanced by excellent word-of-mouth recommendations.

Growth & Expansion :

The business’ current market area is expected to provide exceptional sales opportunities for many years into the future. Operational changes can be made to further increase sales and there is considerable room for expansion in one of its product lines that has been under-advertised.

About the Sale

Financing :

Anticipated Seller & Bank Financing TBD. Down Payment Working Capital Needed $15,000.

Support/Training : Seller will provide support training to assure a smooth transition and is willing to work for a new owner as a subcontractor.
Reason for Sale : The business has grown too large to manage along with ownership’s other business interests.

Contact Information

Lee Ann Edwards
Maine Business Brokers
Phone: 207-775-1957 x 2
Email: .(JavaScript must be enabled to view this email address)

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