Consistently profitable and growing cabinet and countertop design and installation company. An experienced employee staff and an outstanding reputation in the marketplace will help put the buyer in a position to continue and build upon the success that this company has achieved since its founding in 2006. 80% of annual revenue is from repeat business. Of that, 50% is from restoration and insurance work which is insulated from periodic swings in the local economy. This is an excellent opportunity for a buyer with an understanding of customer service and good interpersonal skills.
* 33% revenue growth from 2016 to 2017
* 20% revenue growth from 2017 to 2018
* Drop in Discretionary Earnings/Cash Flow in 2018 due to aggressive hiring to ramp up staff to support expected growth in 2019 and beyond
* One of the most experienced design, sales, and installation staffs in the market
This is being offered as an asset sale for $1,050,000. Seller is willing to carry a note. Buyer will need to put 10% down in addition to working capital. 3,750 sq ft showroom and warehouse lease space is transferable.
Required Licenses: Business, Contractor
Seller Reference #PORTLOR001-N1087
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