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- RE: High-End Profitable Cabinet Painting
- Contact: Meili Myles
Quick Facts
Asking Price: | $170,000 | |
Annual Revenue: | $363,284 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $69,325 | |
Total Debt: | Not Disclosed | |
FF&E: | $55,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 943460 | |
Broker Reference #: | 15541-960921 |
Business Overview:
This business has been around for more than 23 years and built their reputation as a high-end cabinet painting business. Clients mostly come through referrals as well as from online presence. Using only the best materials and not cutting corners for quality are what they are known for. The business specializes in refinishing cabinets and banisters and serve customers in Utah, Salt Lake, Summit, and all the way from Brigham City to Ephraim.
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Property Features and Assets:
Monthly Rent: $1,545.00
Square Units (Foot, Meter): 1,100
Lease Expiration Date: February 28, 2026, 12:00:00 AM
Terms Options: Renewal is month to month
Facilities: Warehouse/ storage
FF&E Overview: Working truck, trailers, tools, POS system, air compressors, air scrubbers, paint sprayers, table saw, spray booth.
FF&E General Condition: Good working condition
Market Competition and Expansion:
Competition: There are a couple of other wood refinishing businesses in Utah, from a two-person team to a larger company, but only a few has been through 25 years in business. The key competitive factor is the high quality materials and workmanship and the unmatched reputation.
Expansion: Potential growth would be growing the team to be able do more projects and utilize other marketing such as flyers, advertising in magazines, participating in home shows, while continuing the current marketing efforts.
Reason for Selling:
Other Opportunities
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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