High-Margin Kitchen & Bathroom Showroom

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$200,000 in Earnings - Easy to Operate
Asking Price:
$565,000

Gross Revenue:
$1,260,000
Cash Flow:
$20,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The predictably stable cash-flow of this multi-generational kitchen and bathroom showroom and supply business represent one of the soundest investments in the private market. Company goodwill is second to none with 100% of business coming from existing client referral. Having occupied the same retail location for well over a half century this small team generates over $200,000 in earnings with cash-upfront payment terms and zero-inventory. This is an easy to operate business with short retail hours, few employees, minimal to no inventory and great margins. There is also opportunity to create an absentee ownership situation with minimal work.

The opportunities to grow the business are low-hanging with zero advertising being done over the last 5 years and a static website from the 90s. Ownership simply hasn’t tried to grow the business and the opportunity to leverage the incredible goodwill of the company with a modern website and targeted advertising could dramatically increase the foot-traffic for minimal capital outlay. The store recently received a half-million dollar facelift leaving no required CAPEX injection to maintain and grow earnings. This opportunity will not last and is priced to sell.

Please refer to listing number 13941 when inquiring about this opportunity.

About the Business

Location:
Nassau County, New York
Year Established:
1990
Number of Employees:
3
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1578946
Ad Detail Views:
1546

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Business Listed by

Ken Stein

The Kensington Company

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