Rapidly Growing Cabinet & Appliance Dealer

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Discretionary Cash Flow of $300K
Asking Price:
$590,000

Gross Revenue:
$2,400,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Locally owned and operated, the business offers consultation and design services in addition to a vast array of cabinets, countertops, and home appliances. The business has one of the widest selections of products in the area and is the only retailer to carry high-end appliances such as Wolf, Sub-Zero and Thermador. The company has developed a strong reputation for customer service and has received numerous awards and recognitions over the years.

With revenue projected at $2.4 million for 2018, the business is expected to generate over $300K in cashflow to its owners.

About the Business

Year Established:
1994
Number of Employees:
4
Facilities:
The business operates out of a 1,600 square foot leased space. The showroom has 12 complete displays featuring flooring, cabinets/countertops and working appliances. The current lease extends through 2018 with a 5-year renewal option.
Market Outlook/
Competition:
This is a reputable, well established business with a strong customer following. The company has one of the widest selections of products in the area and is the only retailer of high-end appliances. One of the company’s most direct competitors has recently closed its operations opening the door for the business to quickly pick up additional revenue.
Growth & Expansion:
The company has experienced a significant boost in revenue by introducing a broader array of products including high end appliances. There is additional opportunity to grow revenue by expanding the service lines of the business to include appliance repair and installation services.
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About the Sale

Reason For Selling:
The business is being offered for sale as the owners are approaching retirement.
Training/Support:
Sellers will assist in the transition and train new owners as well as enter in to a non-competition agreement.
Seller Financing:
To be negotiated

Listing Info

ID:
1571144
Ad Detail Views:
33

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Business Listed by

Country Business Inc.

Country Business, Inc.

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