Find a Business Opportunity
Listing Number: 3888
Kitchen and Bath Remodeling Business
This firm formed as a result of the ever-increasing demand for updating condo properties in established Country Club community. Since 2001, this company has designed and remodeled hundreds of units in this community of 15,945 units creating a niche for new kitchens, bathrooms and full interiors. The company has all the plans and templates designed on file for all the different units in the community.
The business has established relationships with manufacturers and suppliers. The company works with the client to design the job, apply for the building permits, order from suppliers then three subcontractors provide the labor to install and apply the finishes. The company has been a member in Good Standing with the BBB since 2017.
This owner / operated business has a long-term relationship with a General Contractor that applies for permits, when needed and can stay on if offered, to continue to qualify the business post-closing.
Several hundred thousand dollars of Work in Progress and Backlog. Winter season is busy season when snowbirds return and consider and schedule renovations.
Buyer must submit a signed NDA, Buyer’s Profile/Resume and a Financial Statement prior to releasing the proprietary information.
Will not qualify for SBA lending. Seller may offer some financing to a qualified Buyer.
Motivated Seller looking forward to retirement after a transition period. If interested in purchasing a kitchen and bath remodeling business in Broward County, this is the perfect opportunity.
Listing Broker
Patrick-Gagliardi
Chief Operating Officer
Phone: 954-633-7278
Email:
pgagliardi@capitalbbw.com
- Category: Special Trades
- Asking Price: $395,000
- Gross Sales: $748,728
- Cash Flow: $340,786
- County: Broward
- Area: Pompano Beach
- FFE: $ 51,167
- Inventory: $0
- Real Estate: $0
- Employees: 0 - Full-Time 0 - Part-Time
- Facilities: Leasing a 700 sq. ft. Warehouse
- Relocatable? Yes
- Home Based? Yes
- Market Notes: There is an abundance of work in this area where the median age for homes is 43 years for the community.
- Growth Notes: Very scalable. According to Broward County Property Appraiser's website, there are 15,945 existing units in this community the business services. It has condos, townhouses and single family homes. The Seller has been focused on mostly condos.
- Support Training: Seller will assist in the orderly transition of the Customers, Vendors, Suppliers, Subcontractors
- Year Established: 23
- Financing Terms: Seller may offer a small Seller's Not to a Qualified Buyer
- Reason for Selling: Retirement
- Inventory Included: No
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? Yes
- Is FEE Included? Yes