Kitchen & Bath Design Studio & Remodeling
Asking Price: | $2,500,000 |
Gross Revenue: | $2,325,000 |
Real Estate: | $900,000 |
Cash Flow: | $556,560 |
Inventory: | $150,000 |
Established Year: | 2009 |
Founded over 15 years ago in Southwest Florida, this thriving business specializes in kitchen and bathroom products sales, design, and remodeling services including installation of cabinetry, countertops, specialty stone, etc. Their primary customer base consists of single-family residences and luxury condominiums in premier communities in Collier and Lee counties.
Operating from a 2,500+ square-foot commercial condominium, the business features a well-appointed showroom, offices, and warehouse. Leveraging state-of-the-art technology, they offer interactive 3D panoramic views and realistic renderings to visualize new spaces. Exclusive partnerships with leading manufacturers and distributors enhance their offerings.
Despite a short-term boost from Hurricane Ian, the Southwest Florida market for residential construction and remodeling remains robust. The business currently has large backlog of ongoing projects, in addition to pending cabinet orders. A new owner could increase their focus on marketing and sales of higher margin products versus labor-intensive remodeling.
Real Estate ($900,000) is included in the Selling Price.
Required from prospective buyers: Personal Financial Statement or Proof of Funds and Personal Background/Experience.