Asking Price: $599,000 Gross Revenue: $787,827Cash Flow: $194,792 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $200,000 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
High-end luxury kitchen & bath cabinetry and remodeling company. European design and quality of any style with additional related services such as high-quality European windows and security doors. Strong and diverse customer base including local designers, builders and remodelers in both commercial and residential markets.
Stunning 2,400 SF showroom located with 7 kitchen displays along with 1,000 SF warehouse. Sale includes $200,000 of inventory value, $80,000 in Leasehold and F.F.&E, one delivery truck and one tool van. Business has secured relationships with overseas suppliers and shipping companies with established credit history.
Little to no competition in Houston for other luxury/European kitchen cabinetry suppliers at competitive and affordable prices despite high-demand. Business growing through referrals and has tremendous room for growth with the adoption of new marketing initiatives. Excellent business for a new owner looking to capitalize on a fast-growing industry.
About the Business
Number of Employees:
Located in the Greater Houston metro area in a heavy-traffic strip mall, this business operates out of a 2,400 SF showroom home to seven kitchen and two bathroom displays. An additional 1,000 SF warehouse space is also currently leased to house inventory, branded delivery truck, tool van.
There is a high demand for high-end quality European style kitchens in a reasonable mid-price range in the Houston area. However little to no competition exists in the greater area that offers similar quality products at competitive, affordable pricing.
Growth & Expansion:
The current demand for European style interior homes is steadily rising. In the short time, this business has been open, they have seen a need in the niche market grow year over year. Tremendous upside for a new buyer looking to leverage new marketing initiatives to increase customer leads and generate more revenue.
Luxury Cabinetry - Residential and Commercial, new and remodel
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.