Kitchen Re-Modeling Business in New London

New London, CT
Asking Price: $150,000
Business For Sale Details
Listed on May 4, 2020(Renewed on Feb 3, 2025)

If you have a niche for remodeling and beautification, then this kitchen and bathroom re-modeling business is for you. Beautiful location in the heart of the city, with an outstanding reputation of over 40 years. Long history of kitchen and bathroom re-modeling applications. Nice-sized showroom with ample space. Retains a vintage look. The shop is 5000 sq. ft., in addition to 2500 sq. ft. showroom and 7500 sq. ft. storage space. The showroom value is $225k, and the business includes $75k in equipment. Seller is semi-retired and has not been actively adding more clients for several years. Top performing years averaged $1.1m in sales. Business is located in a 24k sq. ft. building, that is also available for sale. If the buyer does not want to purchase the real estate, the seller is willing to negotiate a competitive lease. The asking price is $150k, but if you do not require any financing, the cash price is $150k. The seller owns two locations with property, each available to be purchased directly from the seller. Seller is available for training, and wants to find a qualified buyer with prior knowledge of the industry.

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Financials (USD)

Asking Price $150,000

Cash Flow $80,000

Sales $185,000

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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