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Businesses For Sale > Business For Sale in Bellevue, Washington (WA)

Closet Design/Mfg/Installation Company for sale in Bellevue, WA

Bellevue, Washington (WA)

Asking Price: Gross: Cash Flow:
$ 125,000 $ 312,000 $ 150,000

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 2,000 (included in the asking price)

Business Summary:
The owner of this business started the business almost three years ago after working for another closet company for over two years. He knew he could provide customers with better service, quality and pricing. This business is not a franchise and can provide better pricing. This is a turnkey opportunity; includes all equipment, website, established customers, suppliers, showroom-office-production facility is Bellevue. Owner will provide complete training and wants to return to school but is interested in working part-time for the new owner. At $125000. this is a steal. This business will not last.

 

   
Year Business was Established: 2006
   
Number of Employees: 2 PT  
   
Facilities / Terms of Lease: Turnkey – included all equipment. 2319 square ft. space; office, beautiful showroom and outstanding production facility in the Overlake area of Bellevue. 2007 Eco 4150 Van with 25000 miles is available for purchase for approximately $15000.  
   
Potential Growth/Expansion: This is an established non-franchise company as such can provide save buyers – 15-20%. Current economy makes this business very attractive as home owners are looking to remodel and renovate improving closets and storage spaces. Condos, apartments and commercial building are always looking for closet and storage upgrades.  
   
Competition: This business has been in business for almost three-years. The current owner worked for franchise closet company for over two-years because he wanted to own his own business and knew he could do a better job for his customers. National franchise closets companies will charge cost to from $200,000 - $300,000. and will take 3-6 months get the doors open and will charge 10-14% of all gross sales. You will be working for the franchise and not yourself and this business will always be able to beat franchise companies best prices.  
   
Owner willing to finance: Some seller financing for buyer with good credit  
   
Owner willing to train: Owner will provide 30-60 days training  
   
Reason for selling: Owner is veteran wants to return to school and is interested in working part-time for the new owner.  
   
Seller Reference Number: JeffCLOSET
BusinessMart.com Listing Number: 58522
 

 

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For more info contact:

Kirk L. Edwards

KR Business Brokers
206.391.7365

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