Seller's Contact Information
- RE: Premier Kitchen & Bath Design/Installation Company
- Contact: Charles Spickert, CBI
Quick Facts
Asking Price: | $4,000,000 | |
Annual Revenue: | $12,600,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $550,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1977 | |
Employees: | 30 | |
BBN Listing #: | 602213411 | |
Broker Reference #: | 202125 |
Business Overview:
Most highly recognized and regarded kitchen & bath design company in Colorado for over 40 years serving top tier luxury markets. Extensive referral customer base of homeowners, contractors, developers and interior designers ensure constant flow of projects. Management with talented teams of sales, design and installation experts in place in multiple showroom locations, including front range and high-end mountain markets. Longstanding relationships with premier cabinet, appliance and countertop suppliers of the highest quality. Company utilizes cloud-based software to support design, client presentation, construction drawings, order processing/tracking and project management. Current owner is absentee. Great opportunity for entrepreneur, private equity or family office looking for a creative, scalable business with a well-established brand. Consistent financial performance with increasing WIP and customer deposits supporting strong future growth.
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Property Features and Assets:
Multiple showroom locations, including front range offices and warehouse, plus design centers in key mountain markets, linked with proprietary cloud-based design and operations software.
Market Competition and Expansion:
Competition: This business is well-established in the market segments it serves, differentiated by the high level of customer service and highest quality of cabinets and appliances represented by the company, eliminating competition from big box outlets and independents serving lower-end commodity markets. Growth and Expansion: Systems are in place for this platform opportunity to add additional high-end market design teams/locations.
Reason for Selling:
Retirement due to health issues.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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