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- RE: Custom Kitchen & Bathroom Remodeling
- Contact: Diane Hartz Warsoff
Quick Facts
Asking Price: | $50,000 | |
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 |
Business Overview:
PRICED TO SELL - ASSET SALE
This is the sale of the current lease (expires June 30, 2024) in a prime location, fully built-out showroom and vendor list, as well the list of past customers, many of whom return for additional projects.
The current owner has moved out of state and the business is currently dormant. However, a new owner could leverage the goodwill of this business to expand either an existing business or to create a new high-end remodeling business.
Financials are provided as an example only.
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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:
Competition: There are other similar remodeling businesses, as well as competition from the big box home stores. Expansion: By taking over the lease and the showroom, a new owner could grow the business by leveraging the current customer list and aggressive marketing to gain new clients.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Utah businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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