Construction - Special Trades

Asking Price	$590,000	Inventory	n.a**
Gross Income	$855,935	Real Estate	n.a**
Cash Flow	$129,280	Year Established	1982
FF&E	$115,763*	Employees	7

* included in the asking price

** not included in the asking price

SIC 1521-13, 17, 5712-11. The company is a long established, leading designer and builder of kitchens and bathrooms for new homes and homes being remodeled. Located in the fastest growing county in the state, the company has grown rapidly in recent years, over 20 percent per year. Typically, the company's designers will draw plans, often CAD drawings with three dimensional representations, assist in the permitting process, develop complete construction specifications, and then manage construction from beginning to end. Construction includes the installation of cabinets, counter tops, tile work, plumbing, electrical and hardware. The average cost to the homeowner is $40,000, plus the cost of appliances and flooring. Due to the new housing slump, the business declined somewhat in 2007. However, a clear growth trend is again evident in 2008.

Facilities: The company has an exceedingly attractive leased showroom on a high traffic major artery. In this space it also has offices and workspace for designers and supervisors.

Competition: Management believes that the company, with four direct competitors, has about a 50 percent market share. Its position is reinforced by its twenty five year record of satisfied home builders and home owners.

Growth/Expansion: The major opportunity for expansion would be to open an additional showroom in an adjacent community and then staff it with highly qualified people. The growth of the geographic market would easily support such an effort.

Financing: Seller will finance up to two thirds of purchase price

Support/Training: The seller will provide training for three months at no cost and would be available for compensated time after that point.

Reason Selling: Retirement