Full-Service Countertop and Shower Installation Company

Augusta, GA
listing image
Asking Price:$600,000
Gross Revenue:$800,000
Established Year:2002
Cash Flow:$135,000
FF&E:$50,000
BUSINESS DESCRIPTION

Established for over 20 years, this company specializes in the design, fabrication and installation of kitchen and bath countertops and surfaces in the Augusta, GA area. With an aging market, customers are requesting custom, turn-key shower installations which are becoming a great revenue generator for the business. The business has formed long term relationships with contractors in both Georgia and South Carolina who work together with these shower installs in order to complete these entire bathroom remodels as a single job in order to make it seamless for the customer just like their showers. They are going to be holding hands with the contractor in the customers shower to make sure everything is done right. The company’s goal is to provide both residential and commercial customers with surfaces that are sophisticated, long-lasting and easy to maintain.

Residential homeowners make up the bulk of the revenues at 62%, with building contractors accounting for 22% of revenues and commercial clients comprising the remaining 16%. The company’s commitment to working with premium quality materials allows it to deliver surfaces that are not only durable, visually appealing and easy to maintain, but also uphold the highest standards of craftmanship.

This business is ideally suited for an individual that desires a long-established company with a great customer service track record that wants to help customers beautify their kitchens and baths. Or possibly a company that is currently in the remodeling / home restoration business that desires an add-on to their current operations to boost revenues and profits. The seller adds that geographic expansion of the company’s footprint will provide additional growth.


DETAILED INFORMATION
Location
Augusta, GA
Inventory
Not Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
Strong Historical Sales Growth: Historical sales have grown from $399,000 in 2020 to $712,000 in the fiscal year ending December 31, 2022, representing a compound annual growth rate of 33.6%. Modest Ongoing Capital Investment Requirements: The need for capital expenditures is minimal moving forward. Capital expenditures are conservatively projected at approximately $2,000 per annum in order to support continued operational efficiency.
Financing
This opportunity is Pre-Qualified for SBA Financing through CIBC Bank.
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Emil Nirkis
Generational Equity, LLC
Emil Nirkis