Description
Outstanding kitchen and bath remodeling franchise business for sale in Southern Oakland County! With a prime location and a proven track record of success, this business is well-positioned to serve a diverse and growing customer base in the greater Metro Detroit area. Specializing in high-quality, turnkey remodeling solutions for kitchens and bathrooms, this business is guided by a talented team with a proven system in place.
At the core of this business is a commitment to using only the finest materials, including premium grade granite, quartz, and recycled glass, among others. With access to a wide range of top-quality products from leading manufacturers, the team at this business can help customers achieve their dream kitchen or bath with ease.
Included in the sale are multiple box trucks, a hi-low, and unique tools and equipment used in the business. Seller prefers selling the building with the business but will consider leasing the building on the terms stated above. Staffing includes 4 full time employees, with 2 office/admin and 2 commission based salespeople, and 7 part time employees. In addition, they utilize one independent contractor as the main full time installer.
As a franchise business, their corporate headquarters in the southern United States. Royalties are 2% and marketing is 1.5%. Transfer and training fee is $10,000. Franchisor also supplies much of the materials used in the business.
Get More InfoBusiness Overview
| Revenue | $2,008,615 |
| Cash Flow | $207,638 |
| Inventory | $80,000 |
| Year Established | 2002 |
| Seller Financing | No |
| Employees | 5FT 7PT |
| Asking Price | $700,000 |
Key Statistics
- Hours of Operation: Mon-Fri 9am-5pm, Sat 10:30am-3pm
- Employees: 5 Full Time 7 Part Time
- Year Established: 2002
- Year Acquired: 2018
- Liscence Required: N/A
- Seats: N/A
- Parking: 10
Financial Information
- Gross Sales: $2,008,615
- Source: Tax Returns
- Cash Flow: $207,638
- Source: Tax Returns
- Inventory Value: 80,000
Seller Financing
Location
- Real Estate Price:800,000
- Purchase Terms: Cash subject to financing SBA Eligible with 20% down
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.