Business Overview:
An excellent business opportunity for a new energetic qualified buyer. Asset sale includes inventory value $172,000, furniture, fixtures and equipment worth approximately $34,500 and the goodwill built for over 7 years. You can buy this business opportunity that has great potential for $150,000. Serving the Tampa Bay area in the same location, this custom outdoor kitchen and grilling business is part of the exciting world of outdoor cooking and entertainment and has successfully designed and installed over 600 outdoor custom kitchens exceeding expectations in every case. The business has installed outdoor kitchens between Sarasota and New Port Richy and as far east as Lake Mary, Florida. The average ticket price for a custom kitchen ranges from $7,000 to $15,000. At the current time the owner does not offer in-house financing, however a new owner can work with local financial institutions which will allow a buyer to make affordable payments for his new outdoor kitchen. The availability of this kind of financing will increase a buyer’s cash flow. The business also sells accessories and food to compliment product line. Excellent leasing terms for 5,000 square feet showroom, a 6,000 square feet manufacturing facility (all kitchens are designed and built in-house) and 2,000 square feet of administrative office space. Seller is unable to spend the time in the business needed due to other commitments as a result business is down. The business had successful local cable network advertising at $30 a spot which the seller no longer has the time to take advantage. Available in the showroom is a large kitchen which is not being currently used by the owner. In the past the owner had a chef from a local restaurant demonstrating various styles of cooking on the grill and the chef provided the ingredients. This occurred on a weekly basis and the fee charged was 45 per person with a credit toward the purchase of any outdoor kitchen. The classes offered greater exposure of the business creating additional sales leads. This is an outstanding opportunity for a new energetic buyer that wants to be hands on.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets
• Furniture, fixtures and equipment(FF&E): value is approximately $34,500. A complete FF&E list is available for a qualified buyer who has signed a confidentiality non-disclosure agreement with business ventures of Tampa Bay Inc.
Lease
• The business has incredible lease terms. Operating from a 5,000 square feet showroom, a 6,000 square feet manufacturing facility, and 2,000 square feet of administrative office space totaling 13,000 square feet the business pays base rent of $6,600 and taxes of $800 per month for all of it.
• Same location since 2004
• $6,600 deposit due at transfer and/or assumption of business
• Seller responsible for all interior maintenance
Market Competition and Expansion:
• The business advertises through its web site, in the local newspaper and at home improvement trade shows.
• Sales leads have not been followed up with as consistently as they should be. Lead conversion is down. With a hands on owner the amount of leads converted to sales could go up drastically allowing the business to reach its full potential and maximize capacity.
Reason for Selling:
Other business
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.