Kitchen & Bath Installation-Showroom- Fabrication - 31149

Contact Seller
Kitchen & Bath Installation-Showroom- Fabrication - 31149
Asking Price:
$1,500,000

Gross Revenue:
$2,278,939
Cash Flow:
$508,674
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$175,000
not included in asking price

FF&E:
$300,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Kitchen & Bath Sales, Installation and Showroom with on-site Fabrication. Serving all of Suffolk County, this is a solid business with a 30 year track record of success. In fact, over the past 5 years they have shown consistent year over year growth with gross sales of approx. $2,278,939.40 last year. That translates to a net profit of approx. $508,674.00. The business is fully turn-key and housed on a 1/2 acre lot including a 2,900 sq. ft. showroom and a separate 4,000 sq. ft. fabrication shop. The sales prices includes over $300K in furniture, fixtures and equipment. The owner has come to a point where he is working at full capacity and either needs to sell or bring on a 50% working partner to help take the business to the next level. In recent months they have only been taking 2 out of every 5 jobs they are offered. There is immediately growth to be captured with the business they are turning away. We are seeking a serious and financially qualified buyer for an outright purchase or a 50% working partner with at least $500K in liquid funds for an initial equity purchase, plus additional working capital. To learn more, please call or email Mel Vaz today. ALL SITE VISITS MUST BE MADE BY APPOINTMENT ONLY !

About the Business

Location:
Suffolk County, New York
Number of Employees:
15
Website:
www.vestedbb.com
Contact the Seller

About the Sale

Reason For Selling:
Divesting or taking on a partner
Training/Support:
Yes
Seller Financing:
500,000.00 Down & $1mil. over 5 yrs. @ 6%. ( Also, will entertain a 50% working partn

Listing Info

ID:
1597537
Ad Detail Views:
0

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

 Show Phone Number

View My 2358 Active Listings
U.S. Census Data for Suffolk County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Suffolk County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.