Listing ID:BE 20161122

Confidential –Camrose, AB

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

i.e. Kitchen & Bath Designs

Business Overview

This amazing Kitchen and Bath design shop offers the client a full service customizable package, with professional guidance from the layout stage to production management, to the final installation for a new build or renovation project.

Although this business specializes in custom cabinetry, they are able to supply everything you need to make your home a stunning showpiece. Their beautiful showroom features state-­‐of-­‐the-­‐art Cabinetry, offering a wide selection of precision doors with unique style, color, and finishing options. They feature extensive choices of complementing hardware to enhance their perfectly designed cabinets. Counter tops of stylish granite, wood and quartz, etc. are featured, as well as lighting suggestions, window treatments and flooring options. Tiled possibilities for backsplash and flooring are presented featuring modern technology and design. New textures, finishes and features as well as a strong awareness of the “green” factor are prominently displayed.

This business is all about customer satisfaction, creativity, and making the client’s dream a reality. If you possess a love of working with people, a flair for design, and attention to detail, this may be the perfect business for you.

Why This Business

  • This business is a turnkey operation waiting for a new and excited owner.
  • Business operates with a small staff, thereby reducing costs
  • Solid annual returns
  • Inventory, Equipment, and tools included in the sale
  • Quality products
  • Large clients referral base
  • Network of trades professionals allowing the business to remain competitive in the industry
  • This design business has previous experience in the other projects including, basement renovations and closet design
  • Authorized dealer for bioflame fireplaces.

Note: Annual Revenue and Discretionary Earnings are calculated using a 3-year averaging. 

Are the current owners the founders? Yes  How long? 8 years
Is this a Franchise Business? No
Owner Support/Training: The Vendor is willing to train the Purchaser for a mutually agreed upon time in order to complete a smooth transition.
Reason for Sale: Owner wishes to retire and pursue other interests.

Business Premises and Location

Does the Vendor own the premises? No
Are the premises parts of this sale? No
What is the cost of the lease? Information available upon signed NDA
There are two leases attached to this business, one for the office and showroom space and an additional for the shop/manufacturing area. The shop is located in a free standing building, while the office/showroom is store front. Sufficient parking is available.

Documents Available For Review (Subject to Offer)

Business Sales Memorandum, Financial Statements, Equipment List 

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Operational Summary

Snapshot

Annual Revenue: $ 1,007,408 (3 yr avg)

Discretionary Earnings: $ 156,600. (3 yrs. avg)

Assets (2015): $ 14,218.

Information

  • Year Established – 2008

  • # of Employees – 1 Part time  – 1 Full time

  • Asking Price – $ 549,000.00 

  • Seller Financing – Not available 

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