Profits in RTA Cabinetry/Flooring Building Quickly

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Profits in RTA Cabinetry/Flooring Building Quickly
Asking Price:
$1,490,000

Gross Revenue:
$4,620,720
Cash Flow:
$408,971
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$800,000
not included in asking price

FF&E:
$270,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: http://www.pronovapartners.com/engagement/profits-in-rta-cabinetry-flooring-building-quickly/

The explosive growth of this ready-to-install cabinetry and flooring distribution Company is the result of prioritizing a multi-faceted marketing plan that has attracted customers at the wholesale and retail level. In combination with quality products offered at great prices and backed by superior customer support, revenue has skyrocketed.

Detailed Information:

This wholesale distribution business specializes in supplying high-quality wood cabinetry, SPC & WPC flooring and complimentary fixtures at excellent prices backed with exceptional service.

At the heart of the Company are two partners who launched the Company with a strong vendor network, a large customer base, and years of corporate experience. The result is a Company that has grown into a $5 Million-plus revenue-producing and profitable business in just 3 years.

The partners analyzing the market and original design manufacturers (ODMs) not with the singular goal of importing, but to develop their own cabinetry and flooring brands. They visited more than a dozen Asian factories to find manufacturers who were able to provide both the quality demanded by the marketplace; at a price point appealing to customers that also provided the best profit margins as well. Those products are then supported by a network of distributors and dealers.

Although many competitors struggle with marketing and self-promotion, these executives boldly jumped onto multiple marketing platforms to launch and create demand for their brands and it has been quite successful, and will continue to grow as the company and product names become more recognizable.

This could be a strong candidate for L1/EB1C or other immigration visa programs through acquisition of a business.

About the Business

Location:
Los Angeles, California
Year Established:
2016
Number of Employees:
23
Facilities:
The primary location is a 30,000 square foot warehouse and distribution center. and three retail locations. Three secondary retail locations help reach a wide variety of consumers. Together, these operations created an internalized distribution system, enhanced its logistics schedule, and increased access to products and services.
Market Outlook/
Competition:
Despite being a competitive industry, there are a wide variety of manufacturers that created a wide variety of products in a wide range of quality and price points that appeal to a multitude of customers. This business's real wood products are priced to span many levels of buyers.
Growth & Expansion:
As more retail locations open, it would be wise to establish another central warehouse location to better serve contractors and dealers farther away from the current headquarters. There is much potential to open new retail locations in the San Fernando Valley, in the greater San Diego area and in San Bernardino County where new construction is booming.
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About the Sale

Reason For Selling:
To position and facilitate the company and brands for long term growth.
Training/Support:
4 weeks at 20 hours per week.
Seller Financing:
Under the right terms and conditions to well-qualified buyers

Listing Info

ID:
1618953
Ad Detail Views:
0

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Business Listed by

Terie Salinas

ProNova Partners
License# 01869984

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