Kitchen & Bath Residential & Commercial General Contractor

Cincinnati, OH (Hamilton County) (Relocatable)

Seller Financing Available
Remodeled Kitchen
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Asking Price: $350,000

Cash Flow: $132,000

Gross Revenue: $828,000

EBITDA: N/A

FF&E: $48,000

Inventory: N/A

Real Estate: $300,000*

Established: 1981

*not included in asking price.

Kitchen & Bath Residential & Commercial General Contractor

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Business Description

One of the top remodeling experts in the Greater Cincinnati area. The company specializes in providing High End Kitchen and Bathroom remodeling. Their general contracting services are split (50%) commercial and (50%) residential. Their primary services include custom kitchen, bath, additions, porches, decks, and millwork. Offering these services requires a strong local reputation, a facility to manage the business and craftsmen with construction experience. The company has a proven track record, supported by over thirty-seven years of ongoing business. The current owner is near retirement. First and foremost, the company’s number one priority is the quality of work coupled with completing a project on time and as promised. As a result, the business has formed lasting relationships with customers which have been an ongoing resource for repeat business and more importantly, referrals.Real Estate is available for an additional $350,000.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
11,360
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free standing 2,700 SF building. Office space is 1,600 SF with 14’ ceilings (40’ X 40’), and the equipment garage is 1,100 SF with 16’ ceilings and a truck dock plus garage door. Chain link security fence around entire property. You can buy Real Estate separately or move operations to you own facility, or rent from existing owner. .
Growth & Expansion:
Business is scalable to the level a new owner wants to take it. At present, the owner is very selective in the work that he undertakes. A working owner could significantly increase sales volume by taking on more work that the current owner now turns away.
Financing:
Will consider up to 10% for qualified buyer
Support & Training:
Seller available to train and support new owners with referrals for up to 12 months.
Reason for Selling:
Owner is retiring
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Contact the Seller

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Roland Rapp

Business Listed By:
Roland Rapp

Sunbelt Business Advisors of Miami Valle

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Sponsoring Broker:
Gerry Chadwick, CBI

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