|
Unique Kitchen Refinishing Company for Sale in Cincinnati
| Reference #: |
41420189
|
| Location: |
Cincinnati
|
| Price: |
$319,000 |
| Amount Down: |
$319,000 |
| Revenues: |
$520,000 |
| Discretionary Earnings: |
$101,000 |
| Total Assets: |
$20,000 |
| Business Description: |
This is an independent (non-franchised) business that utilizes a unique “one of a kind” kitchen refinishing process. They do not install new cabinetry, nor do they reface cabinets. Sales have increased dramatically from the start exceeding $520,000 in 2011. Seller enjoyed average personal earnings exceeding $100,000 in 2010 and 2011. Homeowners are not buying new homes, but continue to look to improve upon what they have existing in their own kitchens. Seller has developed a successful model for a buyer to follow. Procurement systems, along with a very competitive pricing structure for countertops, doors & drawers, hardware, and paint vendors are in place. In addition, a paperwork system is in place to allow for a smooth transition that eliminates mistakes and inaccurate orders. Experienced employees are in place who know the system, in addition to having excellent customer relations skills. This company has an “A” rating with the BBB and has a lengthy list of references throughout the tri-state region and as a result, a strong referral network. Seller has spent large sums of money in advertising the past few years which has resulted in excellent brand awareness. There is a very attractive showroom that appeals to the high end home owner included in the 2,000 square foot office and fabrication facility. Training will be provided by the seller along with a probable back log of jobs at the time of closing. Price includes all equipment and tooling necessary to operate the business. Seller owns the property and would prefer to sell the property along with the business for an additional price. |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
|