Listing Number: 0873-710028
Description
This long-standing business of over 20 years fabricates and installs cabinetry, countertops, sinks, faucets, and flooring for customers large and small. The business has a strong reputation with local and national builders and primarily works on multifamily, residential, and commercial developments.
Most employees have been with the business for ten-plus years, contributing to the consistency and success the company has had. The owner works 10-20 hours a week.
The advertised SDE is an average of 2021 ($779,459) and 2022 ($26,291). The business experienced a massive compression in gross margin in 2022, leading to atypical performance. Financials prior to 2022 are very consistent.
The Business asking price is $750,000, and the Real Estate asking price is $10,000,000. The Business and the Real Estate must be sold together, or the Business must be relocated within one year.
With jobs scheduled and paid for as far out as 2025, this semi-absentee business shows huge potential for growth! Inquire for more details!
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
Listing Details
- Price: $ 750,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 779,459
- Total Sales: $ 5,520,512
- Location: Denver County, Colorado
- Inventory: $ 0
- FF&E: $ 0
- Employees: 23
- Year Established: 2009
- Reason for Selling: Retirement
- Category: Construction