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Surface Renovation Business
Location Alberta,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $1700000
Net Profit / Cash Flow $305000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 10 - 19
Inventory 660000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training Owner will remain for transitioning. Almost all employees and sub contractors will stay because they enjoy what they do and do it well!
Reason for Sale Other interests.
Description Being part of an international franchise has huge benefits due to brand recognition and consumer confidence. Their unique product lines are manufactured from the finest natural materials from the best quarries throughout the world. The business provides to homeowners, interior designers, architects, builders and developers worldwide.
The co-owners of this franchise began operations in 2003. Sales have steadily climbed from $560,000 dollars in the first year, to nearly $2,400,000 in 2009. The core sector of the business is refacing existing kitchen and bath countertops in the renovation sector. Customers are given a fantastic product that is sealed and non-porous, thus requiring zero maintenance. Because most jobs are created in a day, down time for the customer's kitchen or bath is at a minimal. In 2008, this company went through a major expansion, doubling their owner owned warehouse, shop and showroom facility. It has been a major reason for the growth and success of their organization. Cabinet re-facing became part of the franchise system in 2007. Last year they started with the cabinet program adding a second shop capable of producing cabinets as well as custom staining of Cabinets. On top of all this their franchise went from # 45 to # 4 in sales in just one year, earning the award for highest % increase.
In addition to their engineered granite surfaces, the company has their Trend Glass and Trend Mosaic lines. Trend Glass is a unique combination of quartz, semi precious man made stones and post consumer recycled glass. Some Trend Glass colors are manufactured with 72% post consumer recycled content. They come already mounted and pre-grouted on large slabs, making their installation amazingly easy. These additions provide a new array of color and design choices for any home, and come with the same quality and warranty as Trend Stone.
Asking $1.75M
go to intlag.com for more information on this Surface Renovation business for sale.
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