Kitchen and Bath Remodeling Business for Sale in Southwest Ontario, including Real Estate

Business Description

This business is primarily involved with the design and installation of cabinetry for residential and commercial applications. It also works closely with new home contractors. Future revenue and profitability are assured given the strong backlog of work orders and growing demand in the marketplace. The Real Estate includes both the building (which houses the showroom, warehouse, and offices) and ample parking. It is located near the centre of this thriving Southwest Ontario town. The current owners have built a great reputation in the region since 1994, and established long lasting relationships with customers, homebuilders, suppliers, and contractors. This business has room for expansion and is positioned for future growth; however, the current husband and wife owners are looking to retire. A new motivated owner has many growth opportunities in this already successful business.

Do you like completing beautiful projects that your clients love? Then this may be the opportunity for you!

Other highlights of this business and building sale include:
• Suitable either for a new owner/operator, or a couple, or as an add-on acquisition to an existing business.
• Many loyal repeat clients and experienced staff who are willing to stay with the business.
• Winner of many industry awards – recognized as the top-rated home pros and most popular designs.
• Building is in excellent condition and appraised by an independent third-party.
• An exclusive distributorship agreement with a premier cabinet manufacturer.
• Industry reports suggest continued demand given the region’s housing shortage and strong economy.
• Changing behaviours such as remote working and aging-in-place continue to drive demand.
• Showroom, contents, and inventory are included.
• Financing options are available.
• Located in a pleasant and relatively affluent town.

For more information about this exciting business and building opportunity, and for an evaluation of what business ownership can mean for your future financial well being, please contact Miro Simko at Sunbelt Business Brokers Premier, [email protected], (226) 979-0543 (cell).

Details

Business ID: GUEL0021
Business Category: Construction
Location: Ontario, Southwestern Ontario, Southwestern Ontario
Financing: Available
Status: New

Company Information

Year Established: 1994
Franchise: No
Number of Employees: 4 F/T plus Contractors

Financial Information

Asking Price: $ 1,325,000
Gross Revenue: $ 1,678,037
SDE: $ 259,343
FF&E (included): $ 15,403
Inventory: $ 120,953
EBITDA: $ 174,694
Down payment: On request
Occupancy Cost: $ 5,077

Business Presented By
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