Price: $525,000
Location: Southwest Ontario
Province: Ontario
Industry: Construction
Are you passionate about creating stunning kitchen designs and exceeding client expectations? Look no further – an incredible opportunity awaits you to own a highly profitable kitchen design business. Specializing in residential and commercial applications, this well-established company has developed a stellar reputation since its inception. Act now to seize this chance and be part of a thriving industry.
Business Overview:
This reputable Kitchen design & installation business excels in designing and installing top-of-the-line cabinetry for kitchen and bath applications. With a dedicated focus on residential and commercial projects, the company also enjoys close partnerships with new home contractors, further expanding its reach in the market. Future revenue and profitability are virtually guaranteed due to an impressive backlog of work orders and the continuously growing demand in the marketplace.
Location (option to purchase real estate as well):
Nestled in the heart of a vibrant Southwest Ontario town, the business benefits from a strategic location. The facilities encompass a well-maintained building that includes a spacious showroom, warehouse, and offices, along with ample parking space (appraised at $800,000). Situated near the town center, this prime location ensures excellent traffic, visibility and accessibility to a bustling customer base.
Reputation and Relationships:
The current owners have spent years cultivating an outstanding reputation in the region since 1994. Their commitment to quality craftsmanship and exceptional customer service has fostered enduring relationships with clients, homebuilders, suppliers, and contractors. The business proudly boasts numerous industry awards, reflecting its position as a top-rated home pro and purveyor of popular designs.
Growth Potential:
With its solid foundation and track record of success, this kitchen design business offers substantial growth opportunities for a new owner. Whether you're an aspiring entrepreneur, a couple seeking a rewarding venture, or an existing business looking to expand, this opportunity is tailor-made for you. The retiring husband and wife owners are confident in the business's potential for further expansion and are eager to facilitate a seamless transition.
Key Features:
• Well-established kitchen & bath design and installation business
• Diverse clientele: focus on residential and commercial applications
• Strong backlog of work orders and growing market demand
• Prime location in a thriving Southwest Ontario town
• Well-maintained building housing showroom, warehouse, and offices
• Ample parking space for customer convenience
• Excellent reputation and long-standing relationships with stakeholders
• Exclusive distributorship agreement with premier cabinet manufacturer
• Positive industry reports highlighted by housing shortage and new residential construction starts in the region
• Changing behaviors, such as remote working and aging-in-place are driving sustained demand for home remodelling solutions
• Inclusive package: FF&E, showroom, contents, and inventory
• Financing options available
• Owners are offering smooth transition
• Opportunity for expansion and future growth
• Located in a pleasant and affluent area
Don't miss out on this exceptional opportunity to take ownership of a flourishing kitchen design business. With loyal clients, experienced staff willing to stay, and the potential for further growth, success is within your reach.
Total Sales: $1,891,000
Cash Flow: $252,000
EBITDA: $167,000
Accounts Receivable Included: Yes
FFE: $7,171
FFE Included: Yes
Inventory: $113,000
Inventory Included: Yes
Year Established: 1994
Year of last Acquisition: 1994
Employees: 6
Real Estate: $800,000
Monthly Rent:
Square Footage: 3984
Reason For Sale: Retirement
Training & Support: Available