Property Details

Successful Kitchen and Bath Remodeling Business - Monroe County

Property ID : SPL25.309/SB40.01

For Sale $60,000.00 - Property Restoration

DESCRIPTION:

  • A successful Kitchen and Bath Remodeling business with showroom
  • Located on the south side of the City of Rochester off a major highway
  • Business has been operating for 37 years, and has a great reputation
  • High profile web site and Google account included
  • Current client base of between 1500-2000
  • Current hours are by appointment only
  • Seller will stay on for 30 days for training
  • Plenty of parking available

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • A full showroom of equipment at a fair market value of $34,300
  • Inventory at cost of $ 1,000

 OPTION TO LEASE AT CURRENT LOCATION:

Two properties are included in the lease

  • 2400 Square Foot Showroom, with Conference Room, and Office
  • 1136 Square Foot Building for storage space

Total Gross Rent is $2,000 a month for a 3-5-year lease.

SALES AND SELLERS DISCRETIONARY EARNINGS (Based on relocating into Buyer’s Facility):                               

                                           2018              2017                2016

Sales:                          $ 164,983          $ 264,957         $ 234,323

Cash Flow (SDE):        $   27,605          $   40,223         $   14,198

PRICE/FINANCING:

The asking price of the business is $60,000, with some financing available to a qualified buyer.

The property is available to purchase for $250,000.

 COMMENTS:

After 37 years the current owner is looking to retire. The current owner is the sole operator.  This business is ideal for an experienced owner/operator with a background in interior design, and the ability to sell and work with  potential new clients.

Agent Sarah Burton

  • Office : 585-247-4750

Sarah Burton brings over 15 years of experience in operations management, customer service…
Know More

Contact

Loading...
 

Similar Properties