Highly profitable, long standing company specializing in the Refinishing and Repair of kitchen & bath counters, sinks, tubs, showers, etc. for large apartment complexes as well as hotel chains. In business for over 30 years, this company’s clients include well respected investors and REITs (RE Investment Trust) owners of apartment complexes as well as large hotel owners. This company provides a lower cost way for these owners to upgrade or remodel the kitchens and baths in these properties. The company uses proprietary methods to turn an older, run down kitchen and bath into a clean and fresh-looking kitchen and bath which help maintain consistent tenant occupancy and the value of these properties. The company has clients throughout Southern California. Trained technicians and office personnel are in place as well as all furniture, fixtures and equipment needed to operate the business.
The company has excellent books and records with consistent revenues including a strong 2017. The seller projects 2018 to also be strong as these clients continue to invest money in updating their properties with this more affordable method. Retiring owner will provide training at no cost to buyer and consider staying on as a paid consultant or RME if the buyer does not hold a C-61 or D-12 license or will need time to obtain them. Seller will also consider providing seller finance with a significant down payment for a qualified buyer. Further details will be provided once buyer has submitted documentation.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted as well as financial capability to purchase this business.
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