Ikea Kitchen Installation

Austin, TX (Travis County)

Ikea Kitchen Installation
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Asking Price: $100,000

Cash Flow: $60,000

Gross Revenue: $100,000

EBITDA: $60,000

FF&E: N/A

Inventory: N/A

Established: 2017

Ikea Kitchen Installation

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Business Description

Generating Strong Cashflow with Significant Growth Potential

Perfect for an individual looking to get out of the construction rat race and be in charge of their own schedule and earning potential. Already generating steady full-time cash flow and demand is exceeding the owner's capacity to service all inquiry and the business could sustain a second person immediately to increase untapped revenue.
This is the opportunity to run your own business, be your own boss and make your own decisions. Logic Flatpack Assembly installs Ikea kitchens and is owned and run by one man who established the business two years ago and has developed an excellent reputation and impeccable track record and client referral book.
All the hard work of setting up a business from scratch has been done and now LFA is looking for a new owner to take it to the next level or be content to continue to earn $75,000 - $100,000 in gross income each year.
Legal setup, accounting, marketing, branding and online advertising is in place, the business just needs an energetic self-starter to come in and take over.
The owner is moving overseas and will train and on-board the new person over a 3-month period.

Detailed Information

Location:
Austin, TX
Inventory:
Included in asking price
Employees:
0
Facilities:
2015 Dodge Caravan (no loan or lease) Power Tools Marketing Materials (Home Based)
Competition:
Major competitor is Ikea's referred installation company which is a large national chain. LFA has gone head to head on numerous bids and won all work. LFA's price (due to low overheads) and 5 star referral rating places it in a strong competitive advantage when competing for business in Austin, TX.
Growth & Expansion:
LFA can install anything that comes in a box or is modular. It has done Ikea kitchens and bathrooms, closet systems, commercial office fitouts, bike racks and storage units for large multi-family developers, playgrounds and wire rack shelving. Due to the high level of kitchen inquiry, the owner has focused on kitchen installations. Bringing on another person would allow the visit to focus on the other ancillary services, particularly the larger contracts for new multi-family projects.
Support & Training:
Owner will train the new owner for as long as necessary up until 31 January 2020. Support & Training will involve every step of a new sale from initial inquiries, using the Ikea design planner, site visits and measure-up, helping customers order kitchens, and actual physical works in the client's new kitchen installation.
Reason for Selling:
Owner is moving overseas Q1 2020
Home-Based:
This business is Home-Based
Business Website:
http://www.logicflatpack.com
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Business Listed By:
Kate Braybrook

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