$2,500,000
Kitchen and Bath Remodeling Showroom
- Status: Available
- Price: $711,000
Lida Sadati
- License No:
- DRE #01825510
- Email:
- lida@lbaweb.com
- Office:
- (925) 9325-2450
- Mobile:
- (925) 932-2450
Description
BUSINESS MAKING
NET INCOME
$280,000
A kitchen and bath remodeling retail store in Napa County is looking for a new owner who loves to be creative and loves working with homeowners with ideas to remodel their homes. This store was established 30 years ago, and the present owner is looking to retire. This is approximately 1/2 acre of land, with 4400 sq. ft. retail shop. Rent is $5,300 a month. Lease is good till 2027 with one time 15 year lease option behind it. Gross income is consistently increasing:
2022 (January- July), the gross income of $970,000. Net income of $280,000. Payroll $48,565
2021 the gross income was $1,200,000. Net income of $260,000.00. Payroll $59,000 a year – for 2 x F.T. & 1 x P.T.
2020 the gross income was $819,664. Gross profit $445,780. Net income of $216,000
This is a retail store, the homeowners have their own contractors install the product. Only samples are kept at the store for customers to choose from and then it is ordered. This is a simple business for someone who enjoys working with mid to higher end clients looking to find unique tiles, Back splash, kitchen Cabinets, Bathroom, Countertops or drapes. An Excellent
retail business for those who already are manufacturing or designing kitchen, bath and are looking to expand to direct to consumers, Napa County and Surrounding Lake County,
Yolo County, Solano and Sonoma County. NOT EXPERINCE IS NEEDED. proof of funds are needed!
Business Information
Ownership Type:
Corporation
Year Established:
30 years ago
Year Purchased:
2007
Business Type:
Kitchen & Bath Remodeling
License(s) Required:
Business
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4091
Date Available:
02/17/2022
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 1.2M
- Revenue:
- Annual Net Income:
- 260,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 5,300/m
- Lease Expires:
- 2027
- Lease Option:
- 1 x 15 years option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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