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Premier Kitchen & Bath Design / Build Company
Location: United States -> California -> Ventura County
Industry: Business Services > Construction




Business Summary

Transworld Business Advisors of Beverly Hills proudly presents a unique opportunity to acquire a high-end, showroom-based kitchen and bath design-build firm with growing revenues, a healthy 18% cash flow, and efficient management.

Established in 1993, the Company averages 20-24 projects per year with an average turnaround time from contract to completion of only two to four months. Each project has a targeted gross profit of 38% and an average price of $112,000 . The Company is frequently booked 6 months out thanks to its stellar reputation. They are also an authorized dealer of luxury brands including Wood Mode, Nickels and Bellmont Cabinets, Sub Zero-Wolf Appliances, and Hafele lighting, and more.

The ongoing success of this business rests on 30 years of outstanding service, a gorgeous 3,000 sq. ft. showroom, strong management and in-house professional designers. The Company's excellent reputation sets them apart from the competition, allowing them to command high prices and weather economic ups and downs. Ventura County is a premium location for design-build remodeling in Southern California. The home ownership rate is 63.3% and the average property value is $609,200, with most homes in the Company's target market valued at $1.2 to $3M. The Kitchen/Bath Design Build Company's revenue soared 64% between 2020 and 2022, from $1.9M to $3.2M, respectively. The demand for kitchen and bath remodeling services tends to remain steady even in economic downturns, and the industry is constantly evolving with new trends, materials and technologies.

This is a rare chance to reap the financial rewards of an established, expertly-run business, while being part of an industry that provides boundless opportunities for creativity, inspiration, travel and business connections. The Company's current ownership has demonstrated remarkable leadership over the past 30 years, successfully managing the business and positioning it for further growth.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $3,245,054
Cash Flow:   $563,358
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $145,139
Seller Financing:  Not Disclosed

About The Business

Year Established:  1993
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Number of Weeks Seller Will Offer Training: 2
Reason For Selling:  Retirement

Photos

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Premier Kitchen & Bath Design / Build Company Photo 1




Print Listing Id: 700388720


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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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