CO Ski Country Door & Cabinet Hardware Business

Not Disclosed, CO

Colorado Ski Country

Asking Price: Annual Revenue:
$1,250,000 $2,880,000

Retail: Hardware, Bldg. Materials, Garden Center

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RE: CO Ski Country Door & Cabinet Hardware Business Broker: Sara

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $2,880,000
Net Profit: Not Disclosed
Cash Flow: $449,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 16
Employees: 6
BBN Listing #: 49358767
Broker Reference #: Not Disclosed

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Business Overview:

The company is a well-established decorative hardware retail business with an excellent reputation, family-owned and operated since 2003, and representing the finest and most exquisite manufacturers of cabinet, door and bathroom hardware in the industry. As a top national dealer consistently praised for the products carried, not only do they offer best “national” pricing, but they also handhold the order to ensure customer satisfaction.

Based in the heart of the Rocky Mountains of Colorado, the company has a stunning showroom where clients can browse an extensive display of unique and diverse products. Many comment that the variety of its distinct products cannot be found even in larger markets. The company caters primarily to Rocky Mountain resort communities, but their clientele spans from the local homeowner to the international jetsetter. In reality, they’ve worked on projects around the country.

Excellent service and premium quality are the cornerstones of the company’s stellar reputation. Their focus is on the sale and installation of products crafted mostly in the USA and of the highest quality materials.

Purchase Considerations:

- Established business with an excellent reputation.
- Experienced staff of knowledgeable salespeople, supported by the technical expertise of the company’s design and installation teams
- Located in Colorado, with the company is primed for expansion into new markets
- Lucrative customer base that is insulated from economic downturns; >90% of existing clients hire the company for multiple projects.
- Focus on catering to Rocky Mountain resort communities, but with a clientele that spans from the local homeowner to big celebrities with properties around the globe.
- Consistent and reliable financial performance throughout the years
- Large beautiful showroom displaying unrivaled product offerings
- Immediate growth opportunities include social media and digital advertising which traditionally has not been done
- $2.880 million in revenue and $425,000 in SDE, for the Trailing Twelve Months (Nov. 2018 – Oct. 2019)
- SBA Loan Pre-Approved. The company’s financials have been reviewed and approved by a preferred SBA Lender for financing based on the full purchase price.
The owner is seeking to sell 100% of the company for $1,250,000. The successful buyer has the opportunity for immediate, consistent revenue and untapped easy growth in this truly turnkey business.

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Property Features and Assets:

The business facilities are owned by the seller and are available for purchase or lease at market rates. The lease rate is $20/sq. ft. The list price of the real estate can be shared separately with any potential new buyers interested in acquiring the facilities.

Market Competition and Expansion:

The company has one of the largest showrooms dedicated to their category in the state and is recognized nationally as a top 10% producer. Being the largest and most prominent building hardware business in the area also helps the company secure more referrals than the average retailer. The company faces slight competition from other retailers located in Colorado.

Reason for Selling:

Owners want to retire soon.

Additional Details:

  • The property is owned.
  • 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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