Kitchen and Bath Remodeling Company in Richmond

Not Disclosed, VA

Richmond Area


Asking Price: Annual Revenue:
$300,000 $775,000

Services: Construction, Contractors


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RE: Kitchen and Bath Remodeling Company in Richmond Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $300,000
Annual Revenue: $775,000
Net Profit: $130,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 501748609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer an established and profitable kitchen and bath remodeling company for sale in the Richmond, Virginia area. It is a full-service premier home design, remodeling and renovation business.

Highlights:
- High profit margin remodeling business with exclusive vendor partnerships
- Strong new business pipeline
- Showroom features model kitchen and model bathroom and vendor displays.

Founded over 15 years ago, the company has well-established systems and relationships in place providing a perfect foundation for someone to take this business to the next level. There is a backlog of work that a new buyer can take over.

The Seller will stay on as needed for a smooth transition.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Location is leased.

Market Competition and Expansion:

Demand for kitchen cabinets is projected to rise 4.6% annually to $17.3 billion 2023, with unit demand totaling 101.8 million, according to the recent Cabinets study by The Freedonia Group. According to the research firm, gains will be supported by: homeowner interest in installing more and larger cabinets to provide additional storage space; design trends, such as islands and counter-style seating, which incorporate more cabinets into residential kitchens; and manufacturer efforts to include more amenities into cabinets, such as LED lighting, pull-out shelves, and racks, that help boost the average sale price.

Reason for Selling:

Owner wishes to retire.

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.

Relevant Links:

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