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BUSINESS FOR SALE - PROFILE #  41620174

Premier Kitchen & Bath Bus in Carolinas' City
Raleigh

Asking Price: $4,450,000   Down Payment: $4,450,000  
Gross Revenue: $10,500,000   Adj. Cash Flow*: $1,100,000  
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Executive Summary
This firm is an exceptional regional kitchen and bath business, located in a highly desirable, growing city. This business includes full-service design and specializes in high-end cabinetry. Their high quality offerings are the preference of discriminating homeowners and high-end builders.  Their unique customer base and mix of remodeling and new construction helps to dampen normal cyclical dynamics.
     The firm's continued success and growth have been driven by ownership who understood the importance of hiring and retaining high quality staff, providing superior, leading-edge products and installations, and developing all-inclusive, rigorous business processes. Combining these platforms with the thriving location has provided a highly successful business venture, as measured by regional recognition, repeat customers, supplier relationships, and of course, overall profitability.
     This firm's location is situated in a region that is experiencing substantial jobs' and population growth. The resulting housing market is providing a solid base of K&B new construction as well as high-end renovation business, and the outlook for further growth is strong.
     The Seller Discretionary Earnings have averaged between $1.0M and $1.2M the last few years on Revenues of $10M to $11M.  The Owner is ready for retirement and has been effectively running to maintain this level of profitability. He has chosen not to add staff to take on available additional business and does minimal advertising.  
     This is a unique acquisition opportunity. It is being valued at $4,450k.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1986 Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Stephen Fitzgerald
Phone:  (912) 925-2025
Fax:  (912) 925-2091
E-mail:  vr@vrsavannah.com
VR Business Brokers - Savannah, GA
37 West Fairmont Avenue
Suite 318
Savannah, GA 31406
www.vrsavannah.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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