Restoration and Finishing Services

Benson, NC

Seller Financing Available

Asking Price:	$620,200
Gross Revenue:	$980,085
Rent:	$2,200/Month
FF&E:	$206,000

Cash Flow:	$276,250
Inventory:	$51,400
EBITDA:	$337,237
Established Year:	2002

Listing ID: 2238047Listing provided by BizBuySell

BUSINESS DESCRIPTION

An industry leader with recognized brand name

Established Business Opportunity: Unique Wood Working/Restoration and Finishing Business for Sale

Located in Benson, NC, our wood restoration and repair business has thrived for over two decades. The Alkat brand is known for unparalleled craftsmanship and customer satisfaction, we offer a unique chance to acquire a stable and profitable business.

Business Highlights:

Established Reputation: Over 20 years of resilience and growth.

Strong Brand Recognition:** Trusted for excellence and reliability.
Substantial Booked Revenue: Over $200,000 in booked jobs.
High Barrier to Entry: Expertise, staff and reputation set us apart.
Industry Leadership: Well established techniques and sustainable practices.
Diverse Client Base: Serving Commercial, and historical restoration projects.
Turnkey Operation: Fully equipped facility for seamless transition.
Experienced Team: Skilled professionals dedicated to success.
Growth Opportunities: Expand through marketing, geography, and new services.
Financials and Support:
Financial Health: Steady revenue and profitability increase year over year.
Transition Support: Comprehensive training and client introductions provided.

Ideal Buyer: Perfect for a quality-focused buyer or entrepreneur seeking a niche market with growth potential.

Contact us with any questions you may have.

ATTACHED DOCUMENTS

Sample Services Brochure .pdf.pdf Download

DETAILED INFORMATION

Location

Benson, NC

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

9,275

Lease Expiration

01/08/2024

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Our office space is fully heated and air-conditioned. The space includes 2 offices, a conference room, dining area and a handicap-accessible bathroom, including shower, and internet. The workshop includes everything from traditional hand tools to a CNC machine. Two dedicated spray booths, and a wide range of finishing equipment, including sanders, polishers, and Kremlin spray equipment included. Onsite Touch-Up and Restoration Equipment and 2 fully equipped Work Vans. Our customer base includes the top contracting and commercial customers in the region.

Competition

Over 20 years old, the business has built a reputation for excellence throughout the region. The company enjoys strong brand equity, known for excellence and reliability. The specialized nature of our services and the expertise required create a significant barrier to entry for potential competitors. The business has consistently led with innovative techniques and a commitment to sustainable practices, enhancing customer loyalty and industry respect. Currently, with over $180,000 in booked jobs, there is an immediate revenue stream available.

Growth & Expansion

Expansion hinges on customer acquisition and the capacity to meet market demands. With a 13% year-over-year increase in sales and a decrease in labor, we believe we grasp the advantages and limitations of our current expansion. While some of our services offer greater adaptability and scalability than others, we also offer unique services largely unavailable in the market. We have managed to maintain a consistent market share across all three service lines: on-site repair and restoration, in-shop finishes, and millwork design and installation.

Financing

Partial Financing Availability

Support & Training

The current owner is committed to a successful transition and is willing to provide comprehensive training and support to the new owner for one year. This will include an overview of all operational aspects, client introductions, and strategic vendor relationships.

Reason for Selling

The current owner is looking forward to retirement.