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Harford County, Maryland
Asking Price
$600,000
Revenue
Call/Email
Down
$600,000
Cash Flow
Call/Email
Name: Dan Dubell
Name
Dan Dubell
Reason for sale:
Retirement
Lease Options:
N/A
Listing Number:
61112-881258
Sales:
$1,299,303
Seller's Discretionary Earnings:
$306,206
Posting ID:
ID tw:82658 / Listing Number 61112-881258
Business Category:
Construction
Keywords:
Transworld
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This Northern California Kitchen & Bath Design Studio is a California Limited Liability Company and was started 4 years ago by the current owners and founders. This family-owned design firm specializes in creating beautiful, functional spaces for every room in your home. They have over 25 years of expertise, and they guide their clients through every step of the project – from the initial consultation and design phase to the careful selection of cabinetry, materials, and overseeing the final installation. They have an extensive network of trusted vendors that offers a wide range of products and materials for kitchens, baths, outdoor living spaces, and specialty rooms, ensuring personalized solutions tailor to the client’s vision. They prioritize building a strong relationship with their clients by truly understanding their needs, whether they are planning a remodel or starting a new construction. The company currently advertises through local magazines and Google Ads, as well as attracting leads through their website. Their location is ideal for attracting walk in customers as well. A potential growth opportunity would be performing the installations of the final designs. Currently, they provide this work to a select group of general contractors that do the installation, but this could be internalized bringing more revenue and higher profitability. Financial Information $899,000 Asking Price $265,000 Cash Flow $650,000 Gross Revenue $899,000 Down Payment $170,000 Adjusted EBITDA Business Location City: Northern California State: California Reason for Sale The reason the Seller is selling is to relocate out of the area. Detailed information Year Established: 2022 Home Based: No Franchise: No Relocatable: No Lender Prequalified: No SBA Prequalified: No Part-Time Employees: 1 Contractors: N/A Owner Worked Hours/w: 30 Inventory Included: No Inventory Value: N/A Monthly Rent: $3,100 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 2000 FF&E Included?: Yes FF&E Value: $65,000 Training/Support The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training may be provided at mutually agreed upon terms between the Buyer and the Seller. Facilities They operate out of a showroom space of 2,000 square feet with a base rent of $3,100 and monthly CAM charges of $800. The current lease term of 5 years and a 7-year option. The lease is assignable. Approximately $70,000 have been invested in tenant improvements. Market Outlook/Competition The North American kitchen and bath market is transitioning toward modest, steady growth, projected to rise 0.8% to $235 Billion in 2025 following a period of post-pandemic correction. Driven by aging housing stock and high home equity, professional-led remodeling is outpacing DIY projects, with high-income households leading investments in premium, multifunctional spaces. CA 02100708; NV 1003039

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