$2,500,000
Cabinet Refinishing
- Status: Available
- Price: $385,000
Lida Sadati
- License No:
- DRE #01825510
- Email:
- lida@lbaweb.com
- Office:
- (925) 932-2450
- Mobile:
- (925) 932-2450
Description
Net income of approximately $230,000 for c-6 license kitchen refinishing franchise.
Description: This is an excellent business for C-33 California contractor licensed individuals. The franchise was established 20 years ago and service two territories, Contra Costa County and the Tri-Valley. There are three technicians and a remote office manager. The owner bids the jobs, the turnaround time for the pipeline is 30 days out. They are paid some upfront fees by clients and the rest once the work is finalized. Most jobs can be completed in a day or two. The 1860 sq ft warehouse is centrally located with a new lease at $3450 per month gross lease and a 3% annual increase.
July 1 2019- June 30-2020 ,Gross Income $609,760.00 SDE $190,000.00
July 1 2020-June 30-2021, Gross Income $683,621 SDE $230,000.00
July1 2021-June 30-2022, Gross Income $754,454 SDE $243,000.00
July 2022 – June 30-20223 Gross Income $766,808 SDE $223,000.00
Jan – Dec 2024 Gross income $647,304.00 SDE $87,577.00
2024 they had a family health issue the owner had to focus on the family health.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
2005
Business Type:
Service Related
License(s) Required:
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4529
Date Available:
02/12/2025
Reason For Sale:
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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