Fixture Installations for Pharmacies & Clinics

Richmond, VA
Henrico County

Richmond, Virginia; regional offices in New Jersey


Asking Price: Annual Revenue:
$790,000 $3,011,745

Services: Non-classifiable


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RE: Fixture Installations for Pharmacies & Clinics Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $790,000 10% Buyer Down Payment $79,000 10% Seller Financing or Equity $79,000 80% Bank Loan $632,000 A 10% down payment of $79,000 returns $261,968 in the first year after debt payments!

Quick Facts

Asking Price: $790,000
Annual Revenue: $3,011,745
Net Profit: Not Disclosed
Cash Flow: $500,754
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 15+ years
Employees: 16
BBN Listing #: 641934398
Broker Reference #: CBI015

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Business Overview:

With 100% commercial clients, this fixture installation business has seen year-over-year growth since 2017! Established for more than 15 years, this business specializes in building and installing fixtures and interior signage for commercial clients. Their highly skilled and experienced team of 20 employees, including managers, crew leads, and crew workers, is known for completing projects in a professional and efficient manner. Each area manager has their own specialty, but they are all cross-trained. Clients provide blueprints and materials; no inventory is needed on hand. Included in this purchase is $85K worth of assets including tools such as chop saws, table saws, and other equipment. Clients include big & small retailers, as well as pharmacies, clinics, pet hospitals, and warehouses.

Primarily serving the East Coast states, this business provides retail store fixture installation, pharmacy fixture installation, customizations and modifications during the installation process, and quality inventory management to ensure their clients get the results they want. They also provide store remodeling, closing and relocation services.

The current owner handles general oversight, sales, and invoicing. Increasing marketing efforts or hiring a direct sales staff would provide growth for the business, as well as offering external signage, lighting work, or residential work. Priced at $790,000, this company has substantial growth opportunities. A 10% down payment of $79,000 returns $261,968 in the first year after debt payments – a 332% return on investment!

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Property Features and Assets:

Office and warehouse lease

Market Competition and Expansion:

Growth Opportunities: Increase marketing, hire direct sales staff, offer residential work

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.

Relevant Links:

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