Description of the business for sale
Cabinet and Granite Shop is turnkey and producing revenue of over $1 mil per year! Seller takes out over $120,000 per year. For the right buyer, the seller will also carry a note of $80,000 for 36 months at 10% interest, which will allow you to buy this firm for just $120,000 down. Bank and SBA loan options may also be available with 20% or more down. Beautiful Home and Garden Magazine quality projects allow the employees and customers to feel great and proud about their remodeling projects. Seller has a staff of 12 that know what to do and how to do it for remodeling of kitchens and bathrooms. Seller estimates that his time with the business is around one hour per day. Seller has two other ventures that he would like to focus on in other areas, so this smoothly functioning cabinet and granite shop is ready to move ahead in your hands. Current job processing is around two projects per month, and you can increase the work flow and number of projects by spending more time and effort on the business then the seller is. For the right situation, the Seller may stay on as a paid responsible managing officer (RMO) and may allow you to use his contracting license for a limited period of time if you want to continue as a general contractor with this business. You can also operate the business as a cabinet and Granite counter manufacturing firm, and deliver your products to other contractors and homeowners. For more information please contact Lonnie Langdon at 310-539-8300.
Support / Training provided by seller
Seller will provide training
Description of the facilities
1,500 sq. ft.