Luxury Cabinetry - Residential and Commercial, new and remodel

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Profitable Niche Business, Low Competition, Growing Demand, Excellent Industry
Asking Price:
$599,000

Gross Revenue:
$787,827
Cash Flow:
$194,792
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$200,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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:
6
Facilities:
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.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
other interests
Training/Support:
2 weeks

Listing Info

ID:
1579005
Ad Detail Views:
0

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Business Listed by

Bob Latham

Transworld Business Advisors

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Memberships:

Certifications:

Sponsoring Broker:

Gerald G. Brisson, CBI, M&AMI, CMAP
Transworld Business Advisors

U.S. Census Data for Harris County, TX
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Ethnicity

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

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U.S. Community Survey Data for Harris County, TX
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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.


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