Interior Cabinet Painting & Refinishing, profitable, turnkey, retiring

Suwanee, GA (Gwinnett County) (Relocatable)

Seller Financing Available
Interior Cabinet Painting & Refinishing, profitable, turnkey, retiring
Contact Seller

Asking Price: $68,000

Cash Flow: $82,550

Gross Revenue: $201,000

EBITDA: N/A

FF&E: $51,000

Inventory: N/A

Rent: $2,725 /Month

Established: 1998

Interior Cabinet Painting & Refinishing, profitable, turnkey, retiring

Save Print Share Valuation Report

Business Description

This cabinet restoration, refinishing and re-facing business for sale has been in business 30+ years and twenty (20) years in the same location and is an excellent opportunity that you won’t want to miss. This business works with residential home owners, landlords, real estate agents, and contract designers to create the perfect look for any space without having to replace or install cabinets. Seller will consider financing with $50,000 down.
After 30 years & a sudden death in the family, the owner is ready to retire from operations and hand off the reins. This refinishing company for sale has built an excellent reputation of high quality workmanship and customer service this is a perfect opportunity for an individual buyer or as a fold in for a service company in a related field. The company in its current form is a great buy with consistent profits and fantastic margins. Add marketing plan and expand the service industry and this is a true home-run! Business operates out of 3 bays/suites. Unit A is 2500SF, Unit B is 1250SF & unit 3 is also 1250SF. If you don’t need or want all 3 bays, we can negotiate a new lease with the landlord who is a local nice person.

Attached Documents


Detailed Information

Location:
Suwanee, GA
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
5/31/2023
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building is 5,000 square feet, consisting of 3 bays: bay A 2,500 SF, Bay B & C each 1,250 SF. There is a lobby & office, etc.
Financing:
some seller financing is available to a qualified buyer.
Support & Training:
Seller will train the new owner for 2 weeks at 20 hours each week right after the closing as part of the deal. Seller will sign a non-compete agreement & will turn over all the existing & old clients over to the new owner.
Reason for Selling:
Retiring after 30+ years of operating the business.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Nick Modares

Business Listed By:
Nick Modares

Business Brokers Inc./Atlant Business Ad

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1634104 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Concrete Technology Incorporated

Franchise Opportunity
Capital Required: $29,500