Design and sales of high-end kitchen cabinets, baths, and wall units.
Professional Services - Other Professional Services | Home and Office Furniture - Other Home and Office Furniture
| Asking Price: | $300,000 | Inventory: | |
| Gross Revenue: | $1,181,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $50,000 (comments below) | FF&E: | $129,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: sales very strong in 2009 | |||
| Cash Flow Comments: low due to problems with ex-partners | |||
In business for more than 30 years, this company designs and sells kitchen cabinets, baths, and wall units. Individual sales range from several thousands to tens of thousands of dollars. The firm has an excellent reputation in the marketplace and excells in customer service. They act in a true "agency" relationship with the customer, taking full responsibility for their own work and that of the manufacturers they reprent. The owner is frowing tired and wants to spend more leisure time with family. He is, however, willing to stay on longer term as a salesman if the new owner so desires. The company sells primarily to builders, contractors, homeowners, and management companies.
About the Business
Year Established:30
Employees:1 full time - 4 part time
Relocatable:Yes
Facilities:The facility is a 2200sq.ft. showroom and office in a desireable area of Nassau County, New York. The monthly rent is $3500.00 and lease is for 5 years with a 5 year option.
Market Outlook and Competition:There is significant expansion opportunities for a new owner willing to work hard and maintain the excellent customer service of the owner. as sales have declined in the early part of 2009 for most competitors, the business is actually growing and sales are quite robust.
About the Sale
Reason For Selling:The owner is tired and wants to have more leisure time.
Seller Financing:Seller will finance a significant portion of the asking price to a qualified buyer.
KEYWORDS: retail, wholesale, durable goods, cabinetry, baths, construction, design, sales, seller financing, contractors.
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