Custom Kitchen & Bathroom Remodeling

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
$125,000 $284,485

Services: Construction, Contractors


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RE: Custom Kitchen & Bathroom Remodeling Broker: Diane Hartz Warsoff

Quick Facts

Asking Price: $125,000
Annual Revenue: $284,485
Net Profit: Not Disclosed
Cash Flow: $77,347
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 2
BBN Listing #: 799450336
Broker Reference #: 15541-466678

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Business Overview:

This business is a full-service, hands-on kitchen and bath remodeling firm. They have always done the entire job in-house using their own staff and their established subcontractors. Their retail location allows them to be a step ahead of the "guy working out of his truck," and they have numerous displays, vignettes, and samples for potential clients to look and choose from. They have established a large repeat clientele of satisfied customers and are often fully scheduled out for months without the need to seek new clients.

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Property Features and Assets:

Monthly Rent: $1,108.00 Square Units (Foot, Meter): 700 Lease Expiration Date: June 29, 2023, 11:00:00 PM Terms Options: option to renew.

Market Competition and Expansion:

There are other similar remodeling businesses, as well as competition from the big box home stores. However, this business stands out by providing a more hand-on experience and the ability to customize projects for clients. As the owner is looking to retire, they hope to find the right person to take the business forward for both the current customer base as well as expanding into new markets. A new owner could easily grow the business by bringing on more staff to handle larger projects, updating the website, and developing a stronger online presence to enhance growth.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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