35 Year Kitchen and Bath Retail/Install Business

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The attention to detail separates this established business from the competition
Asking Price:
$599,000

Gross Revenue:
$2,242,130
Cash Flow:
$197,941
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Here is a long-time K&B showroom and install business with an impeccable reputation. In addition, it is on a 25,000 car-count main route next to one of the largest development projects in SE Mass. Installations are handled by contracted installers (great reputation on the supply side as well). Remaining staff has all corporate knowledge (accounting, estimating, computer design, etc.) as well as strong relationships with many key clients. The showroom is very convenient, well maintained, and regularly updated. Owner is willing to assist in transition and longer if desired. This is a great opportunity to step into a turnkey, community respected, enjoyable, and profitable business!
Business offered at $599,000, property offered at $1,050,000.

About the Business

Location:
Norfolk County, Massachusetts
Year Established:
1983
Number of Employees:
5
Real Estate:
Owned
Facilities:
One story masonry block on 25,000 count Main Route
Market Outlook/
Competition:
While there are many smaller outfits, few have the showroom size, volume and reputation of this business. The three main competitors are two independent lumbers yards and a similar showroom. All of them are over five miles away. Based upon the stated non-compete offering, an average customer radius is 15 miles. The nearest big box store is over 5 miles away.
Growth & Expansion:
An energetic owner can easily grow this business, as the reputation and location are ideal. While there is good internet traffic with inquiries and brand recognition, a new owner can expand the virtually non-existent social media.
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About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks

Listing Info

ID:
1536496
Ad Detail Views:
2160

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Business Listed by

Paul Corrigan CBI, CVA

Transworld Business Advisors of North Shore Boston

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Sponsoring Broker:

Transworld North Boston
Transworld Business Advisors of North Shore Boston


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