Kitchen Re-Modeling Business for Sale inNew London - 26334

Financing

$100,000 Down and Includes showroom, shop, and inventory. Balance of $75K payable at 6.5% for 3 years. $150K cash price. Property is available directly from seller.

Business Description

If you have a niche for remodeling and beautification, then this kitchen and bathroom re-modeling business is for you. Beautiful location in the heart of the city, with an outstanding reputation of over 40 years. Long history of kitchen and bathroom re-modeling applications. Nice-sized showroom with ample space. Retains a vintage look. The shop is 5000 sq. ft., in addition to 2500 sq. ft. showroom and 7500 sq. ft. storage space. The showroom value is $225k, and the business includes $75k in equipment. Seller is semi-retired and has not been actively adding more clients for several years. Top performing years averaged $1.1m in sales. Business is located in a 24k sq. ft. building, that is also available for sale. If the buyer does not want to purchase the real estate, the seller is willing to negotiate a competitive lease. The asking price is $150k, but if you do not require any financing, the cash price is $150k. The seller owns two locations with property, each available to be purchased directly from the seller. Seller is available for training, and wants to find a qualified buyer with prior knowledge of the industry.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.