Description
Highly profitable turnkey business with a three year average of $435,000 in discretionary income to the owner. Sales of exploded in 2020 and discretionary income to the owner was approximately $645,000!!
A full-service design and installation business based in Southern New Hampshire that provides top quality brands of cabinets and countertops for kitchen and bath remodeling. With a beautiful showroom and a team of professionals providing high quality service for every project, this business has built a terrific reputation. This is a turnkey, highly profitable operation for a buyer who is ready to step in and take the business to the next level. Seller willing to train and stay on dependent on new owner’s needs.
This business has continuous sales increases and ripe for expansion. It is also an ideal acquisition for a similar company looking to expand its reach into Southern New Hampshire along with gaining a high traffic showroom location.
Opportunity to also acquire the real estate located in a high traffic area with terrific visibility for $350,000.
Detailed Information:
Business Price: $950,000
2020 Revenues: $2,540,000
Inventory: $0
Furniture, Fixtures, & Equipment (FF&E): On Request
2020 Sellers Discretionary Income: $645,000
Real Estate: $350,000
Facilities: The business is located in a high traffic location, close to major highways and shopping areas. It’s a well-maintained freestanding building on .214 acres available for sale or lease.
Competition: The Company proudly serves the geographic market of the New Hampshire Seacoast area, Southern Maine, Northern Massachusetts and the Southern Lakes Region. There are a number of competitors in the market but still lots of room for growth.
Growth & Expansion: Company has strong customer and vendor relationships and a strong referral business. Currently, the business is focused on remodeling projects. Additional, revenue could be gained by increasing attention to new construction projects.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: New Business Opportunity
Map below does not depict location of business. Please complete the attached NDA to receive location and related financials.
Real Estate offered through our Broker, Bean Group, 1-800-450-7784.