Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$599,000 USD USA Dollars
Business for Sale Industry:	Retail: Hardware Stores, Garden Centers
Reason for Selling:	Owner is selling due to personal reasons.
Year Established:	Since 2005
# of Employees:	4 full-time
Yearly Revenues:	$1,100,000
Yearly EBITDA:	$250,000

Business for Sale Overview:

Niche High End Custom Entry Door Company is for sale for $599,000. This company provides standard in stock options, unique custom doors, supplies & installs wrought iron, hard wood & decorative glass combinations. The average selling price for their product is $5,200. This business has a potential for 50% plus margins. They buy one step direct from most of the vendors both nationally & internationally. The company has an impressive comprehensive website that directs business to the store but is not personally owned by this company. The company is two years into growing this business in an incredible growth market. The first year alone brought in revenues of over $700,00. Currently they are fast approaching $1.2 million for their second year since opening & have firmly set their sites on being a $3,000,000 a year company. For the first two years Owner has been focused on building their team & states that they now have all their bases covered, management sales, book keeping & quality installs. Assets included in the sale & totaling approximately $28,000 are a 2000 Ford Expedition, 2004 Dodge Ram Extended Cab, 16ft. trailer tools & equipment, plus receivables presently at $141,000. The approximate value of inventory is $40,000 & fixtures, furniture & equipment is $50,000. Contact now for more in-depth information.

Property Features and Assets:

Located in Charlotte, North Carolina in 2 leased facilities comprising of a showroom & warehouse which cover a total of 4,000 sq. ft. Real estate in this area is still considered reasonable & growing in value at the rate of 10%, unlike other parts of the country. The population is also steadily growing & projected to continue over the next ten years. Charlotte's economy is strong, based on banking primarily. Residents believe that the weather here is close to perfect, due to the presence of the four seasons with seldom snow accumulation. The mountains are 90 minutes away & beaches are 3 hours. The northeast & southeast population are moving to this region in droves. Great business with a promising future. Contact for more details.

Market Competition and Expansion:

Great potential for expansion. Owner is two years into growing this business in an incredible growth market. Very little competition.Trading hours:Monday through Friday 8:00am to 6:00pm.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.