MergerPlace

Long Established Kitchen and Bath Remodeler for sale

Northern WV, West Virginia


  • Asking Price: $800,000
  • Gross Income: $1,668,145
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $35,000
  • FF&E: $100,000
  • Listing ID: #219166
  • Established: 1911
  • Employees: 9

Business Description

This high-end Kitchen and Bath Design business has been around for three generations. It has gained a well earned reputation to be a cut above the rest for quality products, workmanship and customer service. Its greatest accomplishment has been the development of a system over the years that enables them to get the job done effectively while maintaining extremely high quality results for every job.

Its growth has been supported by a very impressive showroom in a very well known high traffic location.


Business Details

Primary Business Category: Manufacturing - Wood Products
Location: West Virginia
Metropolitan Area: Northern WV

Company Information

Year Established: 1911
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 9

Financial Information

Asking Price: $800,000
Gross Revenue: $1,668,145
EBITDA: $339,334
FF&E: $100,000
Inventory: $35,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

The local economy is booming and business is being turned away. Growth lies in the ability to complete jobs faster and also to schedule multiple jobs at one time.

Competition:

There are several other similar businesses in the market, but don't present serious competition for the customers oriented to the highest quality. It is evidenced by the a backlog of business that requires a six month lead time to schedule jobs.

Reason for selling:

Retirement

Support & Training:

The owner and the GM have been with the business for decades and are eyeing retirement. However, they are both available as needed to train a new manager who could potentially cover both positions.

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Business Listed By:

John Lichter

Sunbelt West Virginia & Western Maryland